![\"\"](\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?resize=939%2C638&ssl=1\")
<\/a><\/p>\nEddy cited the example of China, one of the main country destinations of Indonesia\u2019s palm oil products, which has started reducing its palm oil imports from Indonesia because the price of Indonesian palm oil is more expensive than the prices of other vegetable oils, such as sunflower.<\/p>\n
\u201cThe price of palm oil is now more expensive than that of other vegetable oils. As a result, they reduce import from Indonesia and turn to other vegetable oils,\u201d Eddy said in Belitung Timur, Babel, on Wednesday (28\/08\/2024) in response to the declining trend Indonesia\u2019s export to China.<\/p>\n
According to Eddy, the government can apply a fiscal instrument to support the palm oil industry. One of steps that can be taken is to reduce tax in order to reduce palm oil price when it is not competitive at the global market, and raise it again when the palm oil price becomes more competitive.<\/p>\n
Eddy reminded that although the palm oil dominates the global market of vegetable oils, its market share is actually only 33 percent. It means, the other 67 percent is controlled by other vegetable oils, including the sunflower.<\/p>\n
He said that the palm oil can only control the global price if it has a market share of more than 50 percent at the global market of vegetable oils. \u00a0\u201cOnly if our palm oil products have market share of more than 50 percent, we can control the price. Controlling in a sense that we can play it to our benefits, but we don\u2019t fix it,\u201d he said.<\/p>\n
Although Indonesia is the world\u2019s largest producer of palm oil, Eddy said that Indonesia could not determine the price unilaterally. The global price of palm oil is determined by the market mechanism of supply and demand. \u201cEven Malaysia, as the world\u2019s second largest producer of palm oil, could not determine the prices. The global price of palm oil is determined by global supply and demand,\u201d added Eddy.<\/p>\n
Based on data from Statistics Indonesia (BPS), Indonesia\u2019s export volume of crude palm oil (CPO) and derivative products in July 2024 reached 1.62 million tons, which sharply decreased year on year (yoy) from that of July 2023 at 2.75 million tons. The export value of CPO and derivative products also dropped by 39.22 percent (yoy) from US$2.28 billion in July 2023 to US$1.39 billion in July 2024. Month on month (mtm), the export value of CPO and derivative products also dropped by 36.37 percent to US$2.18 billion in July 2024. (*)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"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.<\/p>\n","protected":false},"author":1,"featured_media":28411,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"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":[3710,3708,3709],"tags":[],"class_list":["post-28410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-info-activity","category-publication","category-recent-news"],"yoast_head":"\n
Growers Call For Govt\u2019s Policy To Lift Palm Oil Competitiveness - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Although Indonesia is the world\u2019s largest producer of palm oil, Eddy said that Indonesia could not determine the price unilaterally..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Growers Call For Govt\u2019s Policy To Lift Palm Oil Competitiveness - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)\" \/>\n<meta property=\"og:description\" content=\"Although Indonesia is the world\u2019s largest producer of palm oil, Eddy said that Indonesia could not determine the price unilaterally..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\" \/>\n<meta property=\"og:site_name\" content=\"Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-30T09:07:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-05T09:11:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"740\" \/>\n\t<meta property=\"og:image:height\" content=\"503\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/gapki.id\/en\/#\/schema\/person\/c2cee368ea6173d53e932e04704efe25\"},\"headline\":\"Growers Call For Govt\u2019s Policy To Lift Palm Oil Competitiveness\",\"datePublished\":\"2024-08-30T09:07:24+00:00\",\"dateModified\":\"2024-09-05T09:11:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\"},\"wordCount\":448,\"publisher\":{\"@id\":\"https:\/\/gapki.id\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1\",\"articleSection\":[\"Info & Activity\",\"Publication\",\"Recent News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\",\"url\":\"https:\/\/gapki.id\/en\/news\/2024\/08\/30\/growers-call-for-govts-policy-to-lift-palm-oil-competitiveness\/\",\"name\":\"Growers Call For Govt\u2019s Policy To Lift Palm Oil Competitiveness - 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The aim of their visit was to see the sustainability of palm oil produced in the region. The foreign ministry\u2019s America and Europe Intra-Regional\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\/12\/palmoil_oilpalm_thestar.com_.my_.png?fit=746%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_oilpalm_thestar.com_.my_.png?fit=746%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_oilpalm_thestar.com_.my_.png?fit=746%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_oilpalm_thestar.com_.my_.png?fit=746%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26407,"url":"https:\/\/gapki.id\/en\/news\/2023\/09\/21\/gapki-tapping-uzbekistan-for-its-new-silk-road-potential\/","url_meta":{"origin":28410,"position":1},"title":"GAPKI Tapping Uzbekistan For Its New Silk Road Potential","author":"admin","date":"September 21, 2023","format":false,"excerpt":"The Indonesian Palm Oil Association (GAPKI) has signed a memorandum of understanding (MoU) on palm oil cooperation with the Uzbekistan\u00a0 Fats & Oils Association, cracking open a promising opportunity for palm oil industry players to enter Uzbekistan, which was once the heart of the legendary Silk Road that linked Asia,\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\/dir-site\/uploads\/2023\/09\/palmoil_gapki_uzbekistan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/palmoil_gapki_uzbekistan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/palmoil_gapki_uzbekistan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/palmoil_gapki_uzbekistan.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":26401,"url":"https:\/\/gapki.id\/en\/news\/2023\/09\/18\/ri-uzbekistan-establish-cooperation-on-vegetable-oils\/","url_meta":{"origin":28410,"position":2},"title":"RI & Uzbekistan Establish Cooperation On Vegetable Oils","author":"admin","date":"September 18, 2023","format":false,"excerpt":"Tashkent, Uzbekistan \u2013 The Indonesian Palm Oil Association (GAPKI) and Assotsiasiya \u201cUzyog\u2019moysanoat\u201d , the Uzbekistan Association of Vegetable Oils and Fats, signed a memorandum of understanding (MoU) to establish a cooperation on exchange of expertise in the production and processing of vegetable oils on Thursday, 14 September 2023, in Tashkent,\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\/dir-site\/uploads\/2023\/09\/eddymartono_uzbekistan_kemlu.go_.id_-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/eddymartono_uzbekistan_kemlu.go_.id_-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/eddymartono_uzbekistan_kemlu.go_.id_-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/eddymartono_uzbekistan_kemlu.go_.id_-1.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":26358,"url":"https:\/\/gapki.id\/en\/news\/2023\/08\/11\/gapki-palm-oil-unmatched-in-productivity\/","url_meta":{"origin":28410,"position":3},"title":"GAPKI: Palm Oil Unmatched In Productivity","author":"admin","date":"August 11, 2023","format":false,"excerpt":"Jakarta \u2013 The Indonesian Palm Oil Association (GAPKI) Chairman Eddy Martono said that the productivity of palm oil is the highest among all vegetable oils. \"Total acreage of oil palm plantations across the globe is only 24 million hectares, but their productivity reaches 3.2 tons per\u00a0hectare per year. It\u2019s 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\/dir-site\/uploads\/2023\/08\/lowyinstitute.org_palmoil.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/lowyinstitute.org_palmoil.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/lowyinstitute.org_palmoil.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/lowyinstitute.org_palmoil.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":31414,"url":"https:\/\/gapki.id\/en\/news\/2026\/05\/17\/gapki-reveals-palm-big-challenges-that-need-urgent-solutions\/","url_meta":{"origin":28410,"position":4},"title":"GAPKI Reveals Palm Big Challenges That Need Urgent Solutions","author":"admin","date":"May 17, 2026","format":false,"excerpt":"JAKARTA \u2013 The Indonesian Palm Oil Association (GAPKI) Chairman Eddy Martono revealed a number of critical challenges, which are currently haunting the national palm oil industries. \u201cThose challenges include surging domestic consumption, the threat of declining CPO exports, and the urgency of legal certainty for the sustainability of palm oil\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\/2026\/06\/palmoil_kebun_plantation_.webp?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/06\/palmoil_kebun_plantation_.webp?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/06\/palmoil_kebun_plantation_.webp?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/06\/palmoil_kebun_plantation_.webp?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/06\/palmoil_kebun_plantation_.webp?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":27441,"url":"https:\/\/gapki.id\/en\/news\/2024\/02\/12\/feature-expecting-special-palm-oil-board-from-the-next-govt\/","url_meta":{"origin":28410,"position":5},"title":"FEATURE: Expecting Special Palm Oil Board\u00a0 From The Next Govt","author":"admin","date":"February 12, 2024","format":false,"excerpt":"Ever since gaining a big share in the global market of vegetable oils, the palm oil commodity has played a very important role in Indonesian economy. Now it has become the country\u2019s biggest contributor to the state income, outperforming the oil and gas, which was previously the mainstay of Indonesian\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\/2024\/02\/Palm-Oil-Board_reuters.com_.jpg?fit=802%2C492&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/Palm-Oil-Board_reuters.com_.jpg?fit=802%2C492&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/Palm-Oil-Board_reuters.com_.jpg?fit=802%2C492&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/Palm-Oil-Board_reuters.com_.jpg?fit=802%2C492&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/09\/eddy_martono_promediateknologi.id_.jpg?fit=740%2C503&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/28410","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=28410"}],"version-history":[{"count":2,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/28410\/revisions"}],"predecessor-version":[{"id":28413,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/28410\/revisions\/28413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/28411"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=28410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=28410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=28410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}