Fulfilling Palm Oil DMO Obligations, Six Companies Get Export Permits
The Ministry of Trade has issued export permits for crude palm oil or CPO and olein for six companies. They have fulfilled the obligation to supply the domestic market obligation/DMO for CPO and olein
Director General of Foreign Trade at the Ministry of Trade (Kemendag) Indrasari Wisnu Wardhana said there were six companies with seven export applications that had been approved for export. The total export volume of CPO and olein (refined bleached and deodorized palm olein/RBDPO) from the six companies was 310,000 tons and 18,178 tons, respectively. “They have complied with the DMO requirements for CPO and olein of 20 percent of their total export volume. For other companies, export permits have not yet been issued because they have not met the DMO requirements," said Wisnu when contacted in Jakarta. domestic demand has fallen, although it is still high. Based on data from the Ministry of Trade's Market Monitoring System and Basic Needs as of February 4, 2022, the national average price of bulk cooking oil in traditional markets is IDR 17,300 per liter. The price fell 1.14 percent compared to the previous week which reached Rp 17,500 per liter.
|•SOURCE•| Articles :KOMPAS | Image :SSMS |
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