{"id":22242,"date":"2022-11-04T09:16:24","date_gmt":"2022-11-04T02:16:24","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=22242"},"modified":"2022-11-04T09:16:24","modified_gmt":"2022-11-04T02:16:24","slug":"govt-extends-palm-oil-export-levy-waiver-until-december","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2022\/11\/04\/govt-extends-palm-oil-export-levy-waiver-until-december\/","title":{"rendered":"Govt Extends Palm Oil Export Levy Waiver Until December"},"content":{"rendered":"

JAKARTA \u2013 The Indonesian government has recently announced that it will extend its policy of palm oil export levy waiver until December 2022. The extension of the zero export levy has been warmly welcomed by the palm oil industry players as it will make them more competitive at the global market of vegetable oils.<\/p>\n

\"\"<\/a><\/p>\n

The Indonesian Palm Oil Association\u2019s (GAPKI) Communication Division Head \u00a0Tofan Mahdi said that around 70 percent \u00a0of Indonesia\u2019s total palm oil products are exported. The demand for Indonesia\u2019s palm oil products has been rising as the supply of sunflower at the global market of vegetable oils is being disrupted by the Russia \u2013Ukraine war which sees no signs of ending soon. Ukraine is the world\u2019s largest producer of sunflower.<\/p>\n

\u201cWhen the supply of vegetable oils in Europe decreases, then the most possible way to solve the shortage is by using the palm oil from Indonesia. So, looking forward we see the demand for palm oil will stay high,\u201d Tofan told IDX Channel<\/em> on Wednesday, 2 November 2022.<\/p>\n

He said that the good news is that the palm oil industry has already returned to its normal condition after facing tough challenges for some time due to a number of palm oil export policies, which include export ban. \u201cSo, we can say this is a good opportunity for the producers to improve the sustainability of palm oil. We\u2019ve seen many challenges facing the palm oil industry during this year. It needed some time to recover from such challenges. But now the industry has returned to normal,\u201d he said.<\/p>\n

Previously, Economic Coordinating \u00a0Minister Airlangga Hartarto announced that the government has decided to extend its policy of exempting the palm oil products and derivatives from export levy until 31 December 2022. But, if the price benchmark of palm oil reaches US$800 per ton then the incentive will be revoked.<\/p>\n

The decision is based on the result of meeting with the oil palm plantation fund management board (BPDPKS) on Monday, 31 October 2022. \u201cWe decided to maintain this incentive. We extend the US$0 levy until the price benchmark will reach or surpass US$800 per metric ton. Currently, the price is around US$713 per MT, so the export levy of US$0\/MT will apply until December. But once the price reach US$800, the levy waiver\u00a0 policy will be revoked,\u201d Airlangga stated in a press release. (*)<\/p>\n

Source: ekbis.sindonews.com<\/em><\/a>\u00a0<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

JAKARTA \u2013 The Indonesian government has recently announced that it will extend its policy of palm oil export levy waiver until December 2022. The extension of the zero export levy has been warmly welcomed by the palm oil industry players as it will make them more competitive at the global market of vegetable oils.<\/p>\n","protected":false},"author":1,"featured_media":22243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-22242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nGovt Extends Palm Oil Export Levy Waiver Until December - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"The Indonesian government has recently announced that it will extend its policy of palm oil export levy waiver until December 2022. 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Its palm oil export value had also increased during the same period, despite the decrease of global palm oil\u2019s price. Based on data\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22322,"url":"https:\/\/gapki.id\/en\/news\/2022\/11\/15\/gapki-palm-oil-output-this-year-reaches-51-8m-tons\/","url_meta":{"origin":22242,"position":1},"title":"GAPKI: Palm Oil Output This Year Reaches 51.8m Tons","author":"admin","date":"November 15, 2022","format":false,"excerpt":"BALI \u2013 The Indonesian Palm Oil Association (GAPKI) Chairman Joko Supriyono said that Indonesia\u2019s palm oil production as of September 2022 reached 37 million tons, of which 22 million tons were exported. He said that total palm oil production this year until December 2022 is projected to reach 51.8 million\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/palmoil_tbs_musimmas.com_.png?fit=957%2C598&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/palmoil_tbs_musimmas.com_.png?fit=957%2C598&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/palmoil_tbs_musimmas.com_.png?fit=957%2C598&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/palmoil_tbs_musimmas.com_.png?fit=957%2C598&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28410,"url":"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/","url_meta":{"origin":22242,"position":2},"title":"Growers Call For Govt\u2019s Policy To Lift Palm Oil Competitiveness","author":"admin","date":"August 30, 2024","format":false,"excerpt":"Belitung Timur, Babel \u2013 The Indonesian Palm Oil Association (GAPKI) Chairman Eddy Martono underlined the importance of the government\u2019s policy to make Indonesia\u2019s palm oil products more competitive at the global market. Eddy cited the example of China, one of the main country destinations of Indonesia\u2019s palm oil products, which\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29719,"url":"https:\/\/gapki.id\/en\/news\/2025\/05\/20\/gapki-export-levy-rise-makes-palm-oil-less-competitive\/","url_meta":{"origin":22242,"position":3},"title":"GAPKI: Export Levy Rise Makes Palm Oil Less Competitive","author":"admin","date":"May 20, 2025","format":false,"excerpt":"JAKARTA \u2013 The Indonesian Palm Oil Association\u2019s (GAPKI) Chairman Eddy Martono said the increase of export levy of crude palm oil (CPO) from 7.5% to 10% will weaken the competitiveness of Indonesia\u2019s palm oil products at the global market. Eddy Martono was commenting on the decision of the finance ministry\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/eddy_martono_sawitkita.id_.jpg?fit=807%2C492&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/eddy_martono_sawitkita.id_.jpg?fit=807%2C492&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/eddy_martono_sawitkita.id_.jpg?fit=807%2C492&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/eddy_martono_sawitkita.id_.jpg?fit=807%2C492&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29735,"url":"https:\/\/gapki.id\/en\/news\/2025\/05\/21\/after-complaints-govt-to-evaluate-palm-export-levy-rise\/","url_meta":{"origin":22242,"position":4},"title":"After Complaints, Govt To Evaluate Palm Export Levy Rise","author":"admin","date":"May 21, 2025","format":false,"excerpt":"JAKARTA \u2013 The finance ministry\u2019s fiscal policy agency (BKF) has stated that although the new palm oil export levy of 10% already implemented, the government remains open to opportunities of evaluating the export levy. BKF Chairman Febrio Nathan Kacaribu made the statement in response to the letter sent by the\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/sri_mulyani_kemenkeu_.jpg?fit=683%2C423&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/sri_mulyani_kemenkeu_.jpg?fit=683%2C423&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/05\/sri_mulyani_kemenkeu_.jpg?fit=683%2C423&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":23326,"url":"https:\/\/gapki.id\/en\/news\/2023\/06\/21\/global-vegoil-need-to-double-ri-can-raise-market-share\/","url_meta":{"origin":22242,"position":5},"title":"Global Vegoil Need To Double, RI Can Raise Market Share","author":"admin","date":"June 21, 2023","format":false,"excerpt":"JAKARTA \u2013 The global demand for vegetable oils will keep increasing in the future, along with the growth of global population. As the global population is projected to reach 10 billion in 2050, the need of vegetable oils will increase to 307 million tons per year. Farid Amir , Director\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/nst.com_.my_palmoil_.jpg?fit=1120%2C652&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=22242"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/22243"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=22242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=22242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=22242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}