News dalla rete ITA

3 Luglio 2023

Indonesia

CPO EXPORT REQUIREMENTS INCREASE

The Indonesian government plans to issue regulations regarding the export of crude palm oil (CPO) through the Indonesian futures exchange by the end of June 2023. The new regulation will add to the requirements for CPO export permits or approvals and require exporters to have proof of CPO trading transactions on futures exchanges. CPO exports are only allowed by registered exporters (ET) and those with HE, which are obtained from fulfilling DMO or from the party transferring HE for fulfilling DMO. Before exporting CPO, exporters must trade the CPO on the futures exchange, and proof of purchasing CPO from the stock exchange will be used in processing export approvals. The Commodity Futures Trading Supervisory Agency (Bappebti) will issue Bappebti regulations regarding technical guidelines for trade in the physical market for CPO exports.The draft CPO Export Regulations through the Futures Exchange contains more technical provisions, including requirements and procedures for accepting selling participants/buying participants, rights and obligations of selling participants/buying participants, transaction guarantee fees, monitoring mechanisms, and mechanisms for the physical delivery of CPO and force majeure. The effort to create a CPO exchange received positive appreciation and concerns from oil palm growers, who hope that the Indonesian CPO market can form a good reference price for CPO and not put pressure on the price of fresh fruit bunches (FFB) at the farmer level.Link di fonte: https://www.kompas.id/baca/ekonomi/2023/06/29/syarat-ekspor-cpo-bertambah (ICE GIACARTA)


Fonte notizia: Kompas - 29 June 2023