Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsRepresenting 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).
The industry association has warned that increasing the export levy from currently 7.5 percent to 10 percent next year could make Indonesian CPO less attractive, especially in view of the government’s plan to launch the B40 biodiesel program in January amid stagnant production.
Palm farmers have expressed hope that low prices of fresh fruit bunches will start to rise significantly on the back of extended CPO export levy waiver, but warned that the policy will be in vain if regulations are poorly implemented.
Indonesia’s shipments of crude palm oil (CPO) and its derivative products have begun to soar again following the halting of an export ban in May, yet the problem of excessive domestic stockpiles, which has led to a drop in CPO prices, still cannot be solved.
Tariff and nontariff barriers have continued to hinder the growth of Indonesia’s crude palm oil (CPO) exports, especially to Europe and the United States, since the 1990s when the country became a major player in the palm oil industry.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.