CPO prices maintained

Thu, 15 Apr 1999, 00:00 WIB | Source: JP

JAKARTA (JP): The Ministry of Industry and Trade has
maintained reference prices used to calculate the payment of
export taxes on crude palm oil (CPO) and its by-products.

The ministry said on Wednesday the new reference prices would
be effective until May 8.

The reference price of CPO is maintained at US$430 per metric
ton. The reference price of oil palm kernel is set at $90 per
ton, refined bleached deodorized (RBD) palm oil is $435 per ton,
crude palm olein is $445 per ton and RBD palm olein is $460 per
ton.

The reference price of RBD palm olein in branded packages up
to 5 kilograms was set at $520 per ton, while the reference price
for crude palm stearin was established at $300 per ton. The new
reference price for RBD palm stearin is $340 per ton, crude palm
kernel oil is $435 per ton, RBD palm kernel oil is $460 per ton,
crude coconut oil is $440 per ton and RBD coconut oil is $470 per
ton. (gis)

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