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Not only to Increase the CPO Price, Palm oil Biodiesel is about to Solve The Deficit Trade Balance



Not only to Increase the CPO Price, Palm oil Biodiesel is about to Solve The Deficit Trade Balance

InfoSAWIT, BANDUNG - Head of Trade Development and Study, Ministry of Trade, Kasan Muhri said that the implementation of the 30% mixture of biodiesel to diesel has also something to do with the trade balance deficit besides releasing the crude oil import in fossil base – dependence.

The deficit derives from the increasing imports of fossil fuel. It is hoped that the B30 program could reduce the fuel imports. “We could reduce the diesel imports,” he said when seeing the road test of B30 in Wisma Balitsa, Bandung, where InfoSAWIT did attend.

The facts showed that, not only relating to the trade balance. The B30 program is one way to increase the cheap crude palm oil. “The program is not about to reduce the fossil import but also to increase the better fresh fruit bunch (FFB) price produced by the smallholders,” he said. (T2)

This article once published in InfoSAWIT, October 2019

 


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