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April 2021: CPO Reference Price Gets Better 5,56%, CPO OF Is US$ 116/MT



April 2021: CPO Reference Price Gets Better 5,56%, CPO OF Is US$ 116/MT

PalmOilMagazine, JAKARTA – Crude  palm  oil (CPO) reference price to decide Out Fee (OF) in April 2021 is US$  1.093,83/metric ton (MT). It gets better US$ 57,61 or 5,56% that it in March 2021 which was US$ 1.036,22/MT.

It was listed in Regulation of Minister of Trade No. 11 / 2021 about The Decision of Export Reference Price on Agriculture and Forestry Products Having Out Fee.

“Now CPO reference price gets increasing and more than its threshold which is US$  750/MT. The government decided, CPO OF is US$ 116/MT in April 2021,” General Director of Foreign Trade Ministry of Trade, Didi Sumedi said, as in the official statement to PalmOilMagazine recently.

CPO OF in April 2021 is written in Colom 8, Attachment II, C, Regulation of Minister of Finance No. 166/PMK.010/2020 which is US$ 116/MT. The numbers changed from CPO OF in March 2021 which was US$ 93/MT. (T2)


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