Agricom.id, JAKARTA – The crude palm oil (CPO) referential price to decide the out fee (OF) in August 2020 is US$ 656,98 /metric ton (MT). It is increasing US$ 34,51 or 5,54% from it in July 2020, which was, US$ 622,47/MT.

This is listed in Regulation of Minister of Trade No. 66 / 2020 about the Export Referential Price Decision on the Agriculture and Forestry Products Having Out Fee

It is listed in the Regulation of Minister of Trade No. 66 / 2020 about the Export Referential Price Decision on the Agriculture and Forestry Products Having Out Fee.

 “The CPO referential price is less than US$ 750/MT. The government decided that the CPO OF is US$ 0/MT in August 2020,”  General Director in duty of Foreign Trade, Ministry of Trade, Srie Agustina said in the official written statement to Agricom.id recently.

The CPO OF in August 2020 is listed in Colomn 1, Attachment II,  C, Regulation of Minister of Treasury No.13/PMK.010/2017 which is US$ 0/ton. The number is the same with it in July 2020 which was US$ 0/ton.

Meanwhile the cocoa seed referential price in August 2020 is US$ 2.196,66/MT, gets decreasing 7,28% or about US$ 172,56 from the previous month, which was US$ 2.369,22/MT. This influences the Export Referential price of cocoa seeds in August 2020 to be US$ 1.917/MT, or 8,1% or US$ 168 from the previous period which was US$ 2.085/MT.

It happened for the cheaper price in the international level. It also does not influence to the OF of cocoa seeds which remains 5 percent. It is listed in Colomn 2, Attachment II, B, Regulation of Minister of Treasury No.13/PMK.010/2017.

While the Export Referential Price and OF of wood and skin products have no change from the previous month. They are listed