JAKARTA – Government of Indonesia through Ministry of Trade re-runns the extension of free export tax or Out Fee (OF) on crude palm oil (CPO).
CPO OF for April 2015 is listed in the column 1, the II attachment, PMK 128 / 2013 that is, 0 %. It does not change with the March CPO OF. The agriculture and forestry products which have OF are CPO, cocoa seeds, wood, and skin.
The Export Referential Price (ERP) of CPO for April 2015 is 627 per metric ton (MT) or it increases US$ 3 or 0,5% than it in March 2015. The price is based on the CPO referential price about US$ 698,19/MT which increases about US$ 3,29 or 0,47% from the previous month which was US$ 694,90/MT.
Based on the Ministry of Trade, Monday (30/3), the making of CPO ERP in April is written in Regulation of Secretary of Trade No. 24/M-DAG/PER/3/2015 about the Export Referential Price on the Agriculture and Forestry Products which have Out Fee, which was made on Friday (27/3).
“The increasing referential price and ERP on CPO, cocoa seed products happen for the increasing international price on the both commodities,” Director General of Foreign Trade, Partogi Pangaribuan said. (T3)
