June 2021 CPO OF is US$ 183/MT and Cocoa OF is 5%

June 2021 CPO OF is US$ 183/MT and Cocoa OF is 5%
Agricom.id

05 June 2021 , 06:19 WIB

Agricom.id, JAKARTA – Crude palm oil (CPO) referential price to decide Out Fee (OF) in June 2021 is US$ 1.223,90/Metric Ton (MT). It increases US$ 113,22 or 9,25% from May 2021 which was US$ 1.110,68/MT. It is written in Regulation of Minister of Trade No. 34 / 2021 about Export Referential Price Decision on Agriculture and Forestry Products having Out Fee.

“CPO referential price increases and beyond the threshold US$ 750/MT. The government decided CPO OF is US$ 183/MT in June 2021,” General Director of Foreign Trade in duty, Indrasari Wisnu Wardhana said, as in the official statement to Agricom.id. Wednesday (2/6/2021).

CPO OF in June 2021, referring to Colum 11, Attachment I, C, Regulation of Minister of Finance (RMF) No. 166/PMK.010/2020 is US$ 183/MT. The numbers change from CPO OF in May 2021 which was US$ 144/MT.

Meanwhile, cocoa seed reference price in June 2021 is US$ 2.455,82/MT. It increases 1,64 percent or US$ 40,28 from the previous month which was US$ 2.415,54/MT. It has something to do with export reference price of cocoa seeds in June 2021 to be US$ 2.169/MT, or increases 2,56 percent or US$ 39 from the previous period which was US$ 2.130/MT.

The increasing CPO reference price happens for the better price internationally while the increasing export reference price of cocoa seeds happens for the lack of crops. It does not effect cocoa seed OF which remains 5 percent. It is written in Colom 2, Attachment I, B, RMF No. 166/PMK.010/2020.

The skin and wood products have no change from the previous month and the OF does too. It is written in Attachment II, A, RMF No.166/PMK.010/2020. (A2)


TOP