Completely attacked by Europe, it turns out that this is the advantage of Indonesian palm oil
RBD Palm Oil
Indonesia
Published Jun 15, 2023
Original content
Jakarta, CNBC Indonesia - Palm oil products, especially from Indonesia, often face attacks and obstacles when entering the European market. Various types of attacks were carried out, ranging from black campaigns to the most recent implementation of the Deforestation Law since May 2023. Head of the Company Division of the Oil Palm Plantation Fund Management Agency (BPDPKS) Achmad Maulizal Sutawijaya said that what the European Union is doing is a trade war trick. They don't want similar vegetable oil products such as sunflower, soybean, to corn to be unable to compete with palm oil. "To protect the market for its products, Europe is taking steps that seem to be attacking palm oil. Even though this is basically a mere trade competition," said Achmad when telling CNBC Indonesia, Wednesday (14/6/2023). Achmad assessed that Indonesian palm oil products have high competitiveness with other vegetable oil competitors from Europe. This makes the price of Indonesian palm oil cheaper. One of ...
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