February 2020, CPO OF is US$ 18/Ton

February 2020, CPO OF is US$ 18/Ton

InfoSAWIT, JAKARTA – The referential price of crude palm oil (CPO) to decide the out fee (OF) in February 2020 is US$ 839,69/metric ton (MT). It gets better US$ 109,97 or 15,07% from January 2020 which was US$ 729,72/MT.

It is written in the Regulation of Minister of Trade No. 01 / 2020 about the Decision off Export Referential Price on the Agricultural and Forestry Products having The Out Fee

“Now the CPO referential price is more than US$ 750/MT. So the government decided the CPO OF about US$ 18/MT in February 2020,” General Director of Foreign Trade, Ministry of Trade, Indrasari Wisnu Wardhana said, as in the official statement to InfoSAWIT, Wednesday (29/1/2020).

The CPO OF in February 2020 is listed in Column 3, Attachment II, C, Regulation of Minister of Treasury No. 13/PMK.010/2017 about US$ 18/MT. The numbers increase from the CPO OF in the previous month, December 2019 which was US$ 0/MT. (T2)


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