InfoSAWIT, JAKARTA – The government through Ministry of Trade decided that crude palm oil (CPO) reference price would be US$ 824,32/metric ton (MT). The reference price (levy) is listed on the Decision of Minister of Trade Number 1533 / 2022 about Crude Palm Oil Reference Price subjected to Out Fee and Tariff on Public Service Obligation Palm Oil Plantation Fund Management Agency (PFMA).
The levy on 1 - 15 December 2022 that PFMA would manage, refers to Attachment B, Regulation of Minister of Finance Number 154/PMK.05/2022 which is US$ 85/MT.
The planters including the smallholders would have new pressure because of the cheap fresh fruit bunch (FFB) for not being stable and be cheaper because of the levy and Out Fee (US$ 85/MT and US$ 33/MT).
What InfoSAWIT calculated, the two would cut off CPO export price up to US$ 118/MT in total. (T1)
