InfoSAWIT, JAKARTA – To increase fresh fruit bunch (FFB) price produced by the smallholders, the government through Ministry of Finance officially published the Regulation of Minister of Finance (RMF) Number 115/PMK.05/2022 about the Substitution of RMF Number 103/PMK.05/2022 about Public Service Obligation of Palm Oil Plantation Fund Management Agency (PFMA) in Ministry of Finance.
In the revision, the export tariff that PFMA gathered for every product of crude palm oil (CPO) and its derivatives is zero.
In the Whatsapp from the Director of PFMA to InfoSAWIT, Saturday (16/7/2022), the policy would be for temporary since it was announced from 15 July to 31 August 2022.
“Since 1 September 2022, it would be having maximal tariff - US$ 240/ton for CPO if more than US$ 1500/ton within advalorem tariff changes which is price progressive,” he noted. (T2)