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Search result with “indonesia crude price” as a keyword founded 36 news.

BI Vigilant Amid Rising Global Uncertainty and Gaza Conflict Impact

... Jokowi" Widodo predicted that global crude oil prices could reach $150 ... . "I checked yesterday, the price of Brent oil was still ... economic downturn affects not only Indonesia but also many other ... BI, as it will impact Indonesia's external sector resilience. " ...
Business Oct 24, 2023 | 6:49 pm

Gov’t Reimposes Export Duty after CPO Prices Rebound

... export duty on crude palm oil after its reference price surged by ... a finance minister regulation, the price threshold liable to export duty ... Antara news agency as saying. Indonesia, the world’s biggest CPO ...
Business Jul 15, 2023 | 6:28 pm

Recession Concerns Trigger Crude Oil Price Drop

Jakarta. Crude oil prices fell to $67. ... Development (RnD) team at the Indonesia Commodity & Derivatives Exchange (ICDX) stated ...
Business Jun 13, 2023 | 1:44 pm

Indonesian Crude Oil Prices to Hold Steady in 2024: Energy Minister

... government projected that the Indonesian crude oil price, known as ICP, ... based on the average crude oil price in May which stood ... declining trend. Read More:Indonesia Proposes OPEC-Like Group for ... ,” he added. Read More:Indonesia Still Has 68 Unexplored Oil ...
Business Jun 6, 2023 | 9:38 pm

Indonesia Should Not Fear Losing EU’s Palm Oil Market: Gapki

... The Gapki export data encompassed crude palm oil (CPO), biodiesel, ... potential market for Indonesia is Pakistan. Indonesia’s palm oil ... top palm oil-producing nations Indonesia and Malaysia restless. The ... B35 Mandate Could Bring CPO Price to $970/Metric Ton ...
Business Jan 25, 2023 | 10:00 pm

Five High-Profile Individuals Jailed for CPO Export Scandal

... for the illegal export of crude palm oil. The sentences were ... : B35 Mandate Could Bring CPO Price to $970/Metric Ton Next ... of plantation firm Wilmar Nabati Indonesia, got 18 months in prison ...
News Jan 5, 2023 | 1:25 pm

B35 Mandate Could Bring CPO Price to $970/Metric Ton Next Year

... plan will cause the crude palm oil price to average $970 ... percent palm-based biodiesel. Indonesia first introduced the mandate in ... “Because it has helped Indonesia reduce its diesel imports,” ... 2022, BPDPKS data showed. Indonesia had already begun conducting ...
Business Dec 22, 2022 | 5:13 pm

Indonesia’s KPBN Seeks to Take Part in Making Global CPO Price

... Indonesia take part in the dynamics of forming the global price of crude ... Indonesia to participate in coloring the dynamics of forming world CPO price ... becoming a price reference for palm oil commodities in Indonesia. “We are ...
Special Updates Nov 3, 2022 | 11:40 pm

Oil Palm Funding Agency Can Lose Rp 10 Trillion from Export Levy Waiver

... the levy if the reference price for crude palm oil is greater ... on Monday reported that the price still stood at $713 per ... waiver because the market index price for biodiesel was lower than ... oil-based biofuel and diesel. Indonesia began conducting the B40 road ...
Business Nov 3, 2022 | 7:41 pm

Government Warned against Banning Palm Oil Exports

... Oil Conference or IPOC. Indonesia in late April suspended exports ... oil palm fruit and domestic price, according to Indonesian Palm ... when the palm oil price was skyrocketing. With Indonesia out of the ... the export levy exemption on crude palm oil until the end ...
Business Nov 3, 2022 | 1:45 pm

Collaboration, Technology Keys to Resilient Oil and Gas Industry

... on oil supply. The crude oil price, which reached US$ ... ocean." Digitalization to Help Indonesia's Energy Transition The ... exporter. Fuel price hike becomes inevitable because Indonesia is the ... added digitalization could help Indonesia become more efficient in ...
Special Updates Oct 7, 2022 | 7:11 pm

Central Bank Lifts Benchmark Rate by 50 Points

Jakarta. Bank Indonesia hiked the benchmark interest ... after the government raised the price of subsidized fuel products. ... According to the latest Bank Indonesia survey, several key indicators ... demands for certain commodities like crude palm oil, coals, iron, ...
Business Sep 22, 2022 | 7:16 pm

Gov't Raises Subsidized Fuel Prices by Up to 32%

... price was effective at 02:30 p.m Western Indonesia ... event with the latest price increases, total subsidy for ... . The projection assumes the Indonesia Crude Price (ICP), a benchmark for ... Indonesia's most vulnerable population from the impact of the fuel price ...
Business Sep 3, 2022 | 2:50 pm

Five Defendants Tried for Fraudulent CPO Export Licenses

... in issuing permits for crude palm oil exports that ... commissioner of Wilmar Nabati Indonesia Stanley MA, manager of ... Plantation company Wilmar Nabati Indonesia commissioner Master Palulian Tumanggor, ... unfair advantage from the price difference between export and ...
News Aug 31, 2022 | 11:00 pm

Zero Export Levies Give Second Wind for Palm Oil Producers

... . Gozco Plantations saw its share price increase 8.33 percent to ... (5.32 percent), London Sumatra Indonesia (4.87 percent) and Salim ... (GAPKI), the national stock of crude palm oil (CPO) as of ... a positive sentiment for stock price movements on the trading floor ...
Business Jul 19, 2022 | 2:14 am

Export Ban Only Affects Cooking Oil Raw Material Until Domestic Price Falls Below $1 A Liter

... quarters of their products, including crude palm oil (CPO) and ... percent of the total crude palm oil production last ... Data from National Strategic Food Price Information Center (PIHPS Nasional) ... per liter on average across Indonesia, unchanged from a month ...
Business Apr 27, 2022 | 4:00 pm

President Jokowi Announces Ban on Edible Oil Export

... corruption suspects for alleged fraudulent crude palm oil export licensing amid ... is a big irony that Indonesia as the world’s biggest ... , the government imposed a ceiling price of Rp 11,500 per ... branded cooking oil. The ceiling price was lifted in mid-March ...
Business Apr 22, 2022 | 6:57 pm

Indonesia Sees Decline in Palm Oil Export

... month. The average crude palm oil (CPO) price of CIF Rotterdam in ... per ton in January. The price was also $469 higher ... 053 per ton. The soaring price, coupled with the declining production ... million tons a month earlier. Indonesia’s crude palm kernel oil (CPKO ...
Business Apr 20, 2022 | 11:44 am

Top Trade Ministry Official Named Graft Suspect over CPO Export Scandal

... illegally issuing export licenses of crude palm oil, Attorney General Sanitiar ... is a big irony that Indonesia as the world’s biggest ... , the government imposed a ceiling price of Rp 11,500 per ... branded cooking oil. The ceiling price was lifted in mid-March ...
News Apr 19, 2022 | 8:04 pm

Gov't Pays 20.7m Families $21 Each to Buy Cooking Oil

... .7 million families around Indonesia, weeks ahead of the ... Isa said. Last month, Indonesia's annual inflation reached 2 ... line with the global crude palm oil price increase. The government ... higher price. Chatib Basri, an economist from the University of Indonesia, ...
Business Apr 9, 2022 | 8:04 pm