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Not to Influence CPO Price, The Export Should be in Phase

Not to Influence CPO Price, The Export Should be in Phase

InfoSAWIT, JAKARTA - Chairman of Asosiasi Petani Kelapa Sawit Indonesia (Apkasindo) Perjuangan, Alvian Rahman told, FFB gets much cheaper in the past three months. “The smallholders get losses for the incorrect policies,” he said in the Persatuan Organisasi Petani Sawit Indonesia (POPSI) press conference that InfoSAWIT facilitated, Wednesday (20/7/2022) in Jakarta.

When CPO and its derivative exports were banned on 28 April 2022, FFB got drastically cheaper. The planters did panic and impact to the smallholders’ economy because many depend on palm oil.

He continued the solution should be by CPO exports in phase. Per July 2022, the CPO stock could be 8 million ton. “If the exports run at once, this would make CPO get cheaper in the globe,” he said. It needs to evaluate the numbers of Out Fee and levy. Looking back to other countries, in this condition, they got lower export tax, for instance, Thailand which is only about 7%, Malaysia about 3%, Vietnam about 13%, “Indonesia gets the tax up to 60%,” Alvian said. (T2)