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Indonesia Raises CPO Reference Price in February

JAKARTA (TheInsiderStories) - Indonesia raised the reference price of crude palm oil (CPO) for the stipulation of export duty for February 2020, after the...

B30 Will Absorbs Additional 3MT of CPO in 2020, says VP

JAKARTA (TheInsiderStories) - Indonesian Vice Presiden Ma'ruf Amin, said the implementing of 30 percent biodiesel use (B30) will absorb 3 Million Tons (MT) of crude palm...

Indonesia to Imposes Export Levy for CPO Starts Jan. 2020

JAKARTA (TheInsiderStories) - Indonesian government will impose export levies for crude palm oil (CPO) products and their derivatives starting Jan. 1, 2020, as the implementation of...

Indonesia Lowering CPO Benchmark Price to US$532.30/MT

JAKARTA (TheInsideStories) - Indonesian government set a reference price for crude palm oil (CPO) products for August delivery  US$532.30 per metric ton (MT), the...
FGV, Tabung Haji to Sell Assets in Indonesia

A Glimmer of Hope Indonesian CPO Exports Rises to India

JAKARTA (TheInsiderStories) - Indonesia got a good news from India on the crude palm oil (CPO) export. According to a senior official at the Industry ministry, India'...

Indonesia’s CPO, Cocoa Bean Benchmark Price Dropped in June

JAKARTA (TheInsiderStories) – The government sets a reference price and export duty for Crude Palm Oil (CPO) products in June period of US$547.17/metric ton...

CPO Prices Slams Indonesia’ Palm Oil Producers Financial Performance

JAKARTA (TheInsiderStories) – Decline in  Crude Palm Oil (CPO) prices slammed the financial condition of Indonesian palm oil producers in the first quarter (1Q)...

Indonesia’s Mining, CPO Prices for Export Rises in May

JAKARTA (TheInsiderStories) – Indonesian government elevated benchmark price for several types of mining products, crude palm oil, and cocoa beans, said the government official on Thursday...

Morning Briefing: CPO Banned by EU, Indonesia Threatens Retaliation

JAKARTA (TheInsiderStories) — Good morning! Disagree with European Union restriction on palm oil, Indonesia threatened to ban imports of some goods from the EU...

Indonesia: Europe Do Outright Discrimination Against CPO

JAKARTA (TheInsiderStories) -- Indonesia government strongly opposes European Union (EU) decision to adopt the Draft Delegated Regulation, said government official on Monday (03/18). The...

Indonesia’s CPO Production Estimating Growth 5% in 2019

JAKARTA (TheInsiderStories) – The Indonesian Palm Oil Association predicted that the production of crude palm oil (CPO) in 2019 will grow 5 percent.  In...

Indonesia Adjusts Export Levies for CPO, Derivatives

JAKARTA (TheInsiderStories) - Indonesian government has agreed to adjust export levies of Crude Palm Oil (CPO) and its derivative products by the Palm Oil Plantation Fund...

Indonesia’s Export Bencmark Prices for Mining and CPO in October

JAKARTA (TheInsiderStories) - Ministry of Trade set the benchmark of export levy for mining and palm oil products based on the international price fluctuations for October,...

Indonesia’s CPO Export Declines 2% in 1H 2018

JAKARTA (TheInsiderStories) - Indonesia’s Crude Palm Oil (CPO) and its derivative products export declined 2 percent in the first half of this year to 15.30...

Indonesia May Get Loans from China for CPO replanting

JAKARTA (TheInsiderStories)— The Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan on Friday (25/04) said China Development Bank has offered loans to finance palm...

China Increases CPO Import from Indonesia

JAKARTA (TheInsiderStories)--China has agreed to increase import of crude palm oil (CPO) from Indonesia by at least 500,000 tons. Last year, Indonesia’s CPO export...

CPOPC Protests UK Supermarket over Palm Oil Ban

JAKARTA (TheInsiderStories)—The intergovernmental organization Council of Palm Oil Producers Countries (CPOPC), which has members countries of two top palm oil producers in the world:...

Government Maintains Zero Tariff for CPO Export Duty

JAKARTA (TheInsiderStories) - Indonesia Ministry of Trade will keep the export tax for cocoa unchanged at 5 per cent in April and zero for crude...

Indonesia Pushes for Development of CPO Derivative Products

JAKARTA (TheInsiderStories) – As a move to boost the country’s crude palm oil (CPO) related products, the Industry Ministry is stepping up efforts to...

Indonesia Keeps CPO, Cocoa Export Tax at Zero for February

JAKARTA (TheInsiderStories) - Trade Ministry has announced that it will keep the export tax for Crude Palm Oil (CPO) and cocoa at zero in February,...

Lowers Tariff May Spur Indonesian CPO Export

JAKARTA (TheInsiderStories) – The Indonesian Government has projected the production of some 42 million tons of CPO by 2020. Thus, the government is pushing...

Olam Closes the Divestment of Indonesian Unit to Mitr Phol Sugar

JAKARTA (TheInsiderStories) - Olam International, has closed the sales of 50 percent stake in its Indonesian sugar joint venture, Far East Agri Pte., Ltd., said...

Indonesia Considers To Rise Palm Oil Export Levies

JAKARTA (TheInsiderStories) - Indonesian government plans to rise palm oil export levies to support expansion of its palm biodiesel programs, said senior minister on Wednesday (02/26)....
Indonesia, India Targets US$50B Bilateral Trade by 2025

Indonesia’s Trade Minister Visit India, Looking More Trade

JAKARTA (TheInsiderStories) - To reaches the trade values target worth of US$50 billion by 2025 with India, Indonesia' trade minister plans to visit New...

Morning Briefing: Trump Escapes from Impeachment Trial

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) Senat declared President Donald Trump not guilty of two counts of impeachment submitted by the House...

Indonesia’s Palm Oil Export Rises Single Digit in 2019

JAKARTA (TheInsiderStories) - Indonesia Palm Oil Association (GAPKI) reported the country export recorded 36.18 million tons (MT) of crude palm oil (CPO) in 2019 amid the...

Pertamina, Eni Canceling Downstream Project Cooperation in Indonesia

JAKARTA (TheInsiderStories) - Energy producer, PT Pertamina and Eni S.p.A, an Italian multinational oil and gas company, has recalled the cooperation plans to explore downstream projects...

India Imposes Import Duty on Copper Rods and Wires

JAKARTA (TheInsiderStories) - India has imposed countervailing duty for a period of five years on copper wire rods from Indonesia, Malaysia, Thailand, and Vietnam...

Commodity Prices, Access to Capital and Regulation are Top Risks in 2020

JAKARTA (TheInsiderStories) - Low and volatile commodity prices have hampered free cash flow generation and delayed debt paydown, and tightening companies’ access to the capital markets,...

President Confidents Save US$4.5B Forex Use by Implementing B30

JAKARTA (TheInsiderStories) - President Joko Widodo confident Indonesia could save Rp63 trillion (US$4.5 billion) of foreign exchange use with the implementing of 30 percent biodiesel...