Mirror

SHOULD CSF BE LIKE OF

15 May 2015 , 06:12 WIB | Read : 506 | By : Kris Hadisoebroto

THE EMERGE OF CPO Support Fund (CSF) POLICY SEEMS TO OBSCURE THE GIVING BACK OF OUT FEE (of) FOR NATIONAL PALM OIL INDUSTRIES. IT IS HOPED, CSF FUNDS ARE TRANSPARENTLY MANAGED. DON’T LET THE CSF FUND BE AS SAME AS THE OF OR EVEN MAKE THE NEW OTHER POLICY.

After taking a very long time of “fasting” for there has been no income from the crude palm oil (CPO) export Out Fee, all of a sudden, the government makes the policy, CPO Supporting Fund (CSF) policy, which reaching US$ 50/ton from the exported CPO. Its goal is to support the increasing of blending ration of vegetable fuel of bio-diesel to be 15% since April 2015.

By implementing the policy, the needs of CPO for biodiesel (in domestic country) are hoped to increased 4 to 5 millions tons. Meanwhile, the ability of the factories to absorb biodiesel in Indonesia just reaches about 2 millions tons per year. This condition happened for the biodiesel export prospect is still in a bad situation because the petro diesel or diesel is more competitive than the biodiesel in palm oil – base.

The CSF policy is actually good and realistic enough because it can be the alternative to increase the CPO absorption in domestic markets, accelerate the programme with the increasing biodiesel blending ration and help the subsidized diesel because of the cheap crude oil.

It is realized that every time the government changes the CPO price limits which hits the OF, the regulation maker seems to be “deliberate”. This is why CSF policy is made because of no income from OF.

Unfortunately, . . .

 

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