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Preparing to Publish Regulation, CPO Import in China Decreased



Preparing to Publish Regulation, CPO Import in China Decreased

InfoSAWIT, JAKARTA –In 2018, the main export country from Indonesia, that is, China decreased the imports reaching 38%in April 2018 to beabout234,42tons, compared to March 2018 that could reached 379,98 thousandtons.

According to Indonesian Palm Oil Association (IPOA), the decreasing imports in China happened for the traders are still waiting for the new regulation about the vegetable oil tax import.

It is also said, China would be effective to decrease the vegetable oil imports from 11% to be 10%in the early of May 1st 2018. “Besides, China would monitor the vegetable oil imports,” Executive Director ofIPOA, Danang Girindrawardana said in the official statement toInfoSAWIT. (T2)

 


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