CPO benchmark unchanged

CPO benchmark unchanged

JAKARTA (JP): The Ministry of Industry and Trade has decided
to retain the export benchmark prices for palm oil and its
derivatives, including crude palm oil (CPO), for the Aug. 1 to
Aug. 31 period.

Director General of Foreign Trade Djoko Moeljono said export
benchmark prices for CPO would be maintained at US$120 per ton,
while those for palm fruit bunches, refined bleached deodorized
palm oil, crude olein and refined bleached deodorized palm olein
would be continued at between $25 and $165 per metric ton, Antara
reported.

Indonesia's total CPO exports totaled over one million tons
worth $445.9 million in the first semester of this year. (10)