Home » Business » Palm Oil News – Export approval reaches 302 thousand tons of palm oil, the FFB price of palm oil is expected to be 2500 Rp / Kg.

Palm Oil News – Export approval reaches 302 thousand tons of palm oil, the FFB price of palm oil is expected to be 2500 Rp / Kg.


InfoSAWIT, JAKARTA – To ensure that the domestic supply of palm cooking oil is safe, the government has again implemented a policy Domestic market bonds (DMO0 and placement Domestic Price Bonds (DPO).

In this application, each business actor wishing to export must prepare 20% for the supply of DMO. As of June 5, 2022, there were 251 Export Approvals (PEs) with a volume of approximately 302 thousand tons.

“So far, the number of export approvals issued has 251 approvals and CPOs that can be exported up to 302 thousand tons,” said Coordination Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan at a virtual press conference on Sunday (5 / ). 6/2022), who participated in InfoSAWIT.

Meanwhile, Trade Minister Muhammad Lutfi revealed that total exports of planned palm oil (CPO) to allow them had reached 1,404,000 tonnes.

Referring to data from the Ministry of Commerce, 251 export approvals were carried out by 23 companies. Where PE based on the type of allocation includes 30,550 tons of CPO, 130,725 tons of RBD Palm Oil, 138,657 tons of RBD Palm Olein, and 2,100 tons of Use Cooking Oil.

We hope that this export activity will take place soon so that it will not have a negative impact on the prices of farmers’ fresh fruit (FFB). Luhut said his party will ensure that FFB palm prices can reach Rp 2,500 / kg.

“Accelerated steps will be taken if the FFB price is still low. Then the government will be continuously brewing policy related to this. We expect the FFB’s palm will not be less than Rp 2,500 / kg and could be more than you know, “said Luhut. (T2)

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