InfoSAWIT, JAKARTA – The crude palm oil (CPO) referential price to determine the out fee (OF) in August 2020 is US$ 656,98 /ton. It increases US$ 34,51 or 5,54% from July 2020 which was US$ 622,47/ton.
This is listed in Regulation of Minister of Trade No. 66 / 2020 about the Export Referential Price Decision on the Agriculture and Forestry Products Having Out Fee
“The CPO referential price is less than US$ 750/ton. The government decided that the CPO OF is US$ 0/ton in August 2020,” General Director in duty of Foreign Trade, Ministry of Trade, Srie Agustina said in the official written statement to InfoSAWIT recently.
The CPO OF in August 2020 is listed in Colomn 1, Attachment II, C, Regulation of Minister of Treasury No.13/PMK.010/2017 which is US$ 0/ton. The number is the same with it in July 2020 which was US$ 0/ton. (T2)