Indonesia: If DMO and DPO CPO are deleted, this is the impact from upstream-downstream

Jakarta, CNBC Indonesia - The Minister of Trade (Mendag) Zulkifli Hasan is considering the abolition of the Domestic Market Obligation (DMO) and Domestic Price Obligation (DPO) of crude palm oil (CPO), in order to boost the price of Fresh Fruit Bunches (FFB) for palm oil which is still sluggish. If this policy is implemented, it will certainly have an impact on the palm oil industry from upstream to downstream. In the CNBC Indonesia Special Dialogue together with the Palm Oil Plantation Fund Management Agency (BPDPKS), entrepreneurs welcomed the plan. Executive Director of the Indonesian Vegetable Oil Industry Association (GIMNI) Sahat Sinaga welcomed the abolition of DMO because it was feared that the private sector would not be able to manage the distribution of cooking oil. If this is the case, it will be difficult for the price of cooking oil to decrease, and it will never end. "The government has a Logistics Affairs Agency (Bulog) why not use it? That way they control how ...