Selasa 08 Jan 2013 19:19 WIB

Export target of CPO set at 21 million tonnes in 2013

Rep: Dwi Murdaningsih/Satya Festiani/ Red: Yeyen Rostiyani
Some workers harvest in a palm plantation Bogor, West Java. (illustration)
Foto: Republika/Wihdan Hidayat
Some workers harvest in a palm plantation Bogor, West Java. (illustration)

REPUBLIKA.CO.ID, JAKARTA - Palm oil association set the export target of crude palm oil (CPO) at 21 million tonnes in 2013 or an increase by 18.1 million tonnes from previous year.

The Head of Marketing of Indonesian Palm Oil Association (GAPKI), Susanto, said Indonesia targeted the production of CPO to reach 28 million tonnes. With the local consumption only 6.5 to 7 million tonnes, the remaining will be exported.

"The export of CPO is only 42 percent while the rest is its products," Susanto said on Tuesday. 

Indonesia is currently competing neck and neck with Malaysia in term of CPO market. Moreover, Malaysia has decreased the export tax. Effective on January 1, Malaysia has implemented progressive export in 2013. The tax will be 4.5 percent when the CPO price in international market is 2,250 to 2,400 Malaysian ringgits per tonnes and 8.8 percent when the price is 3,450 to 3,600 ringgit per tonnes.