Getting Cheaper, CPO OF in July Remains Zero

Getting Cheaper, CPO OF in July Remains Zero

InfoSAWIT, JAKARTA– The referential price of crude palm oil (CPO) to decide Out Fee (OF) in July 2018 is US$ 678,18 /MT (metric ton). It gets cheaper US$ 9,21 or 1,34% from June 2018 that was US$ 687,39/MT.

“The CPO referential price gets cheaper and not more than US$ 750/MT. So the government decided, the CPO OF in July 2018 remains US$ 0/MT,” General Director of Foreign Trade, Ministry of Trade, Oke Nurwan said in the official statemet to InfoSAWIT, Wednesday (27/6/2018).

The decision was listed in the Regulation of Ministry of Trade No. 72 / 2018 about the Export Referential Price Decision on the Agricultural and Forestry Products having Out Fee.

The CPO OF in July 2018 was also listed in Column 1, Attachment II, C, Regulation of Ministry of Treasury No. 13/PMK.010/2017 about US$ 0/MT. The number is the same with the CPO OF in June 2018 reaching US$ 0/MT. (T2)


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