Berita

Indonesia Mulls More Frequent Setting of Crude Palm Oil Reference Price

Rabu, 06 Juli 2022 | 14:26 WIB
Indonesia Mulls More Frequent Setting of Crude Palm Oil Reference Price

ILUSTRASI. Palm oil harvest in a plantation in nMesuji Raya, Ogan Komering Ilir, Sumatera Selatan, Senin (9/5/2022).. ANTARA FOTO/Budi Candra Setya/pras.

Sumber: Reuters | Editor: Thomas Hadiwinata

KONTAN.CO.ID - JAKARTA, July 6 (Reuters) - Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry official said on Wednesday, aiming to adjust quicker to fast-changing international market prices.

The government currently sets a monthly reference price based on Indonesian, Malaysian and European crude palm oil prices. That price is used to determine the palm oil export tax and levy each month.


Baca juga

IHSG
7.086,85
0.03%
2,19
LQ45
1.007,14
0.07%
-0,66
USD/IDR
14.904
-0,17
EMAS
987.000
0,20%