{
    "success": true,
    "data": {
        "id": 1771301,
        "msgid": "popsi-dsi-should-serve-as-integrated-palm-oil-trade-verifier-1780020298",
        "date": "2026-05-29 08:02:29",
        "title": "POPSI: DSI should serve as integrated palm oil trade verifier",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Trade",
        "summary": "POPSI has urged the government and Danantara Sumber Daya Indonesia (DSI) to function as regulators, verifiers, and supervisors of the national palm oil trade system through an integrated digital platform. The proposal aims to ensure transparency, prevent under-invoicing, and maintain market competition without bureaucratic delays, while also seeking regulatory certainty until December 2026 to stabilise industry operations and farmer transactions.",
        "content": "<p>The Indonesian Palm Oil Farmers\u2019 Organisation Association (POPSI)\nbelieves Danantara Sumber Daya Indonesia (DSI) should serve as the\nsupervisor of the national palm oil trade system by developing an\nintegrated digital trading platform from upstream to downstream and\nexports. POPSI Chairman Mansuetus Darto stated in Jakarta on Friday that\nDSI should also act as a verifier and supporting regulator for the\nnational palm oil trade system. \u201cPOPSI believes the state, government,\nand\/or DSI should serve as regulators, verifiers, and supervisors of\nnational palm oil trade,\u201d Mansuetus said. In the context of national\npalm oil trade governance, POPSI supports modernising the trading system\nthrough transparent and integrated digitisation. However, he cautioned\nthat digitisation must not lead to trade centralisation or create new\nmonopolies that increase market dependency and undermine healthy\ncompetition. \u201cTherefore, POPSI proposes building a robust,\ncomprehensive, and integrated national palm oil digital platform from\nupstream to downstream and exports,\u201d Mansuetus said. The platform must\nintegrate data on farmer production, palm oil mills (PKS), refineries,\nCPO stock, domestic and export transactions, licensing documents,\npayment flows, and real-time tracking of shipments and export foreign\nexchange earnings. The system must also connect directly with Customs,\nthe Palm Oil Fund Management Agency (BPDP), port authorities, surveyors,\nquarantine services, relevant ministries, the national logistics system,\nand the banking sector. With this integrated digital oversight model,\nthe state can maintain trade transparency, monitor government revenue,\ncontrol under-invoicing and transfer pricing practices, and accurately\ntrack exports without extending trade bureaucracy or disrupting existing\nmarket mechanisms. Furthermore, POPSI expects the government to provide\nregulatory certainty, particularly to ensure trade schemes and\ntransaction flows until December 2026. \u201cAdditionally, DSI must develop a\nwork plan for palm oil trade in the market. With regulatory certainty,\nthe industry ecosystem remains stable and transactions with palm oil\nfarmers proceed normally,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/popsi-dsi-should-serve-as-integrated-palm-oil-trade-verifier-1780020298",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}