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The CPO Referential Price in December 2019 is US$ 650,18/Ton, CPO OF is Zero



The CPO Referential Price in December 2019 is US$ 650,18/Ton, CPO OF is Zero

InfoSAWIT, JAKARTA – The crude  palm oil (CPO) referential price to decide the Out Fee (OF) in December 2019 is US$ 650,18/metric ton (MT). It gets more expensive US$ 79,05 or 13,84 percent from November 2019 which was US$ 571,13/MT.

The decision is listed in the Regulation of Minister of Finance No.88 / 2019 about the Export Referential Price Decision on the Agricultural and Forestry Products having the Out Fee.

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

The CPO OF in December 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 November 2019 which was US$ 0/MT. (T2)

 


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