Tuesday, April 23, 2024 | 19:02 WIB

Gov’t to reopen CPO exports tap on May 23

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Perkebunan-Sawit
Oil palm plantation. (Source: distan.babelprov.go.id)

Prior to the export ban, the national average price of bulk cooking oil was around Rp19,800. After the export, the price dropped to between Rp17,200-Rp17,600.

“Although there are some regions where the price of cooking oil is still relatively high, I believe that in the next few weeks the price of bulk cooking oil will reach the price set by the government because the supply has been abundant,” he concluded. (un)

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