PALMOILMAGAZINE, JAKARTA – The Ministry of Trade has officially released Regulation of the Minister of Trade (RMT) Number 26/2024 regarding the export of palm oil derivative products. This new regulation expands the list of products that must meet the Domestic Market Obligation (DMO) for Minyakita from four to five.
Effective from October 11, 2024, RMT Number 26/2024 replaces RMT Number 50/2022. Its aim is to support the sustainability of the Minyakita program by promoting the sale of packaged palm cooking oil, encouraging consumers to switch from bulk to packaged oil.
Under the previous regulation, the palm oil derivative products required to comply with DMO included crude palm oil (CPO), refined, bleached, and deodorized palm oil (RBDPO), refined, bleached, and deodorized palm olein (RBDPL), and used cooking oil (UCO). The new regulation adds processed palm oil waste products—palm oil mill effluent (POME), high acid palm oil residue (HAPOR), and empty fruit bunch oil (EFB oil)—to the DMO requirements.
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As reported by Palmoilmagazine.com quoted from Kompas on Wednesday, October 23, 2024, Bambang Wisnubroto, Director of Daily Goods and Significant Products, noted a significant increase in the exports of POME, HAPOR, and EFB oil over the past two years, rising from 300,000 tons to 1.8 million tons. This trend is expected to positively impact the supply of Minyakita, potentially increasing it by about 15 percent from these three products.
“This would be the same with what government published to change the people’s consumption habit from bulk palm cooking oil to packaged one,” Bambang said in the coordination meeting to control the inflation in many regions that Ministry of Internal Affairs conducted in Jakarta, Monday (21/10/2024).
For the new palm oil derivative products listed in DMO scheme, it is hoped that packaged palm cooking oil with the brand ‘Minyakita’ would have the guarantee and fulfill the needs in this country more stable. (P2)