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The CPO Referential Price in June 2020 US$ 568,94/Ton, CPO OF Remains Zero



The CPO Referential Price in June 2020 US$ 568,94/Ton, CPO OF Remains Zero

InfoSAWIT, JAKARTA – The crude palm oil (CPO) referential price to decide out fee (OF) in June 2020 is US$ 568,94/ton. It is decreasing US$ 66,21 or smaller about 10,42% than it in May 2020 which was US$ 535,15/ton.

The decision is listed in Regulation of Minister of TradeNo. 55 / 2020 about the Export Referential Price (ERP) on the Agriculture and Forestry Products Having Out Fee.

“The CPO referential price is less than USD 750/metric ton (MT). The government decided that the CPO OF is USD 0/ton in June 2020,” General Director of Foreign Trade, Ministry of Trade, Indrasari Wisnu Wardhana said, as in the official statement to InfoSAWIT, Saturday (30/5/2020)

The CPO OF in June 2020 is listed in the Column 1, Attachement II, C, Regulation of Minister of Finance No.13/PMK.010/2017 reaching US$ 0/ton. The number is the same with the CPO OF in May 2020 which was US$ 0/ton. (T2)

 


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