News

It turns out that Indonesia has flushed 3.3 million tons of CPO

RBD Palm Oil
Indonesia
Published Jun 29, 2022

Tridge summary

Jakarta, CNBC Indonesia - Director General of Domestic Trade Oke Nurwan revealed, the total exports of palm oil or CPO this month reached 3.3 million tons. After the export ban on April 27 to May 23. This export is carried out on the basis of two programs.

Original content

"There are basically two programs now that through the Simirah DMO, the target is to distribute 450 thousand tons, and of course the export target is 2.251 million tons, from 958 export approvals, 505 export notifications have been issued," he explained in a press conference, Tuesday (28/6/). 2022). Meanwhile, with the export allocation through a flush out, which reached 1.16 million tons. Where according to Oke, exporters must complete the realization of exports on July 31, causing problems. "Indeed, there are several obstacles, so they have only realized 40 percent. But the point is that exports are more than 3.3 million tons. Because flush out is limited to exports on July 31 and through DMO the limit is still long," ...
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