Ministry of Trade to Review CPO Exit Decrease Plan

By : Hariyanto And Aldo Bella Putra | Tuesday, January 09 2018 - 20:30 IWST

kelapa sawit
kelapa sawit

INDUSTRY.co.id - Jakarta - The Ministry of Trade will soon review the plan to reduce CPO export duty as well as the Malaysian government's intention.

"We have agreed on how to respond to Malaysia," said Minister of Trade, Enggartiasto Lukita after attending the Palm Oil Coordination Meeting at the Coordinating Ministry for Economic Affairs Office in Jakarta on Monday (8/1/2018).

Previously, the Ministry of Trade planned to lower the crude palm oil export duty (BK) which will be enacted in January 2018. The government plan has paid attention to various recommendations that ultimately set the price of BK 0 for reference price of US $ 697.34 / MT.

The stipulation is contained in the Regulation of the Minister of Trade No. 98 of 2017 concerning Export Check Price Determination (HPE) on Agricultural and Forestry Products Subject to Export Duty.

Enggar further said that the Malaysian policy will be addressed by the government by delaying the agenda of ministerial meeting that was originally held on 11-12 January 2018. "We propose that the January 11-12 meeting was postponed first," he said.

He confessed, the postponement of the meeting that will discuss the national oil palm has been taking into consideration some notes from the Coordinating Ministry for the Economy.

"There are some notes we have to ask, but we're not ready yet," said Enggar.

Nevertheless, he explained, the Ministry of Trade has not been able to publish a number of records related to the postponement of ministerial meetings that will discuss the national oil palm sub-sector. "The note is in the Coordinating Minister for the Economy, Darmin Nasution.” We are forbidden to precede," said Enggar. (hid)

News Comment

Today's Industry

Kementan Monitoring cabai di Blitar

Kamis, 26 April 2018 - 19:00 WIB

Monitoring the Availability of Red Rawit Chili Before Ramadan in Blitar

Blitar - The Ministry of Agriculture (Kementan) is currently focusing on monitoring the availability of red pepper to meet the needs during the month of Ramadhan 2018. Monitoring one of them…

Migas Ilustrasi

Kamis, 26 April 2018 - 18:00 WIB

House of Representatives: Immediate Performs Investigation Audit of Oil Well Fires

Jakarta - Member of House of Representatives Commission VII Rofi Munawar asked the Ministry of Energy and Mineral Resources (ESDM) and law enforcement officers to immediately conduct an investigative…

Gedung SKK Migas (en.tempo.co)

Kamis, 26 April 2018 - 17:30 WIB

Ministry of ESDM SendsInvestigating Team on Illegal Wells

Jakarta - The Ministry of Energy and Mineral Resources (ESDM) sent an investigation team to tackle the illegal well fires in East Aceh.

Tersangka Gubernur Jambi Zumi Zola (Foto Dok Industry.co.id)

Kamis, 26 April 2018 - 17:00 WIB

KPK Extends Detention Zumi Zola

Jakarta - The Corruption Eradication Commission extends the detention of the Governor of Jambi Zumi Zola which has been designated as a suspect of corruption related to the receipt of gratification…

Ilustrasi tersangka

Kamis, 26 April 2018 - 16:30 WIB

Attorney Catch Bank Mandiri Breaker Rp 27.5 Billion

Jakarta - Central Jakarta District Attorney arrested PT Bank Mandiri breaker Rp27, 5 billion, Aris Pranata after six years became a fugitive.