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Indonesia Considers to Raises CPO Export Levy in This Month

JAKARTA (TheInsiderStories) - The Indonesian government plans to implement the progressive export levy on crude palm oil (CPO) from earlier maximum US$55 a metric ton (MT)...

Indonesia’s Biodiesel Demands Declining 12% During the Pandemic

JAKARTA (TheInsiderStories) - The Indonesian Biofuel Producers Association sees the demand for biodiesel could fall by 12 percent in this year amid the COVID-19 pandemic. During...

Indonesia Set CPO Prices for Export US$782.03 a MT in November

JAKARTA (TheInsiderStories) - Indonesian government set the reference prices for crude palm oil (CPO) dan derivative products for export of US$782.03 per metric ton (MT) of CPO. The...

Indonesian Crude Price Drops to US$37.43 a Barrel in September

JAKARTA (TheInsiderStories) - The increase in the COVID-19 case globally had an impact on the Indonesian Crude Price (ICP) in September, said the energy and mineral...

Indonesia’s Dharma Setya to Build Two Palm Oil Factories

JAKARTA (TheInsiderStories) - Palm oil producer, PT Dharma Satya Nusantara Tbk (IDX: DSNG) plans to build two new palm oil mills in East Kalimantan starting...

Indonesia’s CPO, Mining Prices Mounts in August

JAKARTA (TheInsiderStories) - Indonesia set the reference prices for crude palm oil (CPO) products for the period September 2020 at US$738.07 a metric ton (MT) of...

Indonesia’s Astra Agro Lowering Capex to US$68M in 2020

JAKARTA (TheInsiderStories) - Palm oil producer, PT Astra Agro Lestari Tbk (AALI), revised its capital expenditure (capex) distributions from earlier Rp1.3 trillion to Rp1 trillion...

Indonesia’s Palm Oil Export Drops to US$10B in the 1H of...

JAKARTA (TheInsiderStories) - The Association of Indonesian Palm Oil Producers (GAPKI) reported that the value of crude palm oil (CPO) exports in the first half...

Indonesia’s CPO, Mining Benchmark Prices Rises for August

JAKARTA (TheInsiderStories) - Benchmark price of the crude palm oil (CPO) for export duty or rises 5.54 percent to US$656.98 per MT from prior month at...

Ekspor CPO Indonesia Turun Tajam Terdampak Harga Soybean

JAKARTA (TheInsiderStories) - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI) melaporkan bahwa ekspor minyak sawit (CPO) dan turunannya drop 13,7 persen ke posisi 12,73 juta...

Indonesia’s CPO Exports Fell to 12.73 MT until May 2020

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI) reported that exports of crude palm oil (CPO) and its derivatives until May 2020 period...

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...