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Indonesia’s CPO and Mining Benchmark Prices Rises in July

JAKARTA (TheInsiderStories) - Indonesian government elevated benchmark price for several types of crude palm oil and mining products, said the government official today. The trade ministry...

Indonesia Set Zero Export Duty for CPO During June 2020

JAKARTA (TheInsiderStories) - Indonesia set the reference price of crude palm oil (CPO) for export duty at US$568.94 per metric ton (MT) of CPO...

Indonesia’s CPO Price Plunges to US$633/MT in March, says the Association

JAKARTA (TheInsiderStories) - Indonesian Palm Oil Association (IPOA) reported crude palm oil (CPO) price dropped from the average US$722 a metric ton (MT) of CPO in...

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’s Triputra Agro Plans to Go IPO, Targets US$500M

JAKARTA (TheInsiderStories) - Indonesian plantation firm, PT Triputra Agro Persada is gearing up to list its shares (IPO) at the local bourse, said the people closed...

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...

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 Set Biodiesel Price US$0.49 In September

JAKARTA (TheInsiderStories) - Entering September, Indonesian government set a monthly biodiesel price of Rp6,929 (US$0.49) a liter from a month ago Rp6,795 per liter, said the ministry...

Morning Briefing: Japan Officially Removes South Korea from “White List”

JAKARTA (TheInsiderStories) - Japan officially removed South Korea on August 27 from its "white list" of trade partners, What started as a trade dispute is...

Morning Briefing: Statistic Indonesia to Announces July’ Inflation

JAKARTA (TheInsiderStories) – Good morning! Statistic Indonesia will announce July' inflation rate today. In June, the agency recorded inflation 0.55 percent from prior month at 0.68...

Indonesia Saves US$2.5B After Implementing Biodiesel Policy

JAKARTA (TheInsiderStories) - Indonesian senior minister said that the use of 20 percent bio-diesel (B20) scheme has saved US$2.5 billion in foreign exchange since implementing in...

Indonesia, EU Will Negotiates Palm Oil Dispute

JAKARTA (THeInsiderStories) – Indonesia will negotiate a palm oil dispute with European Union (EU) which plans to provide a proposal to impose import duties...

Indonesian Palm Oil Exports Erodes by the Regulation, says GAPKI

JAKARTA (TheInsideStories) - Palm oil exports have begun to erode over the foreign policies on some of Indonesia' main export destinations, especially to 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...

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: May Asks Further Delay to EU, ouse of Common,...

JAKARTA (TheInsiderStories) — Good morning! British' Prime Minister Theresa May would ask for further Brexit delay to European Union (EU) beyond April 12. So...

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...

Joko Supriyono: Indonesian Palm Oil Industry Needs to Strengthen Political Trade

JAKARTA (TheInsiderStories) – Indonesian palm oil industry is currently facing concern due to the negative campaign of the European Union (EU) and the United...

Indonesia Sets Palm Oil Levy Zero to US$50 a Ton

JAKARTA (TheInsiderStories) - Indonesian government to implement zero export levy for palm oil products, if the prices below US$570 a ton, said Ministry of Finance (MoF) on Tuesday...

Morning Briefing: Indonesia Loosens Grips on Several Taxes and Levies

JAKARTA (TheInsiderStories) — Good morning! Indonesian government unobstructed some of its revenue budget, by agreed to implement zero export levy for Crude Palm Oil (CPO) and...

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 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...

Morning Briefing: Widodo Calls Exporters Bring More U.S Dollar to Indonesia

JAKARTA (TheInsiderStories) - Good morning. Carry out the weakening of Rupiah, Indonesian President Joko Widodo called exporters to bring more U.S dollars to Indonesia to stabilize...

Indonesia`s Palm Oil Exports Dropped in Q1 2018

JAKARTA (TheInsiderStories) - Indonesia`s exports of palm oil and derivatives dropped in the first quarter of 2018 compared to same period last year according to...

Indonesia Delays Implementing Cabotage Rule

JAKARTA (TheInsiderStories) - Indonesia delayed implementing cabotage regulation, which makes it mandatory for all exports and imports activities to use local transport operators amid...

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...

Govt Hints at Delaying Implementation of Export Vessel Ruling

JAKARTA (TheInsiderStories) – The Indonesian government on Wed. 21 has hinted it might delay the implementation of the Trade Ministry Ruling Number 82/2017 which...