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The CPO OF in November 2019 Remains Zero



The CPO OF in November 2019 Remains Zero

InfoSAWIT, JAKARTA – The crude palm oil (CPO) referential price to decide the Out Fee (OF) in November 2019 is US$ 571,13/metric ton (MT). It gets cheaper US$ 3,73 or 0,65 persen from October 2019 which was US$ 574,86/MT.

It is written in the Regulation of Ministry of Trade No. 85 / 2019 about the Export Referential Price Decision on the Forestry and Agricultural products that have Out Fee.

“Now the CPO referential price is still less than US$ 750/MT. The government decided that the CPO OF is US$ 0/MT in November 2019,” General Director of Foreign Trade, Ministry of Trade, Indrasari Wisnu Wardhana said in the official statement to  InfoSAWIT recently.

The CPO OF in November 2019 is listed in the Column 1, Attachment II, C, Regulation of Minister of Finance No. 13/PMK.010/2017 which is US$ 0/MT. The number is the same with the CPO OF in October 2019 which was US$ 0/MT. (T2)

 


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