The Price Of Anjlok's Sawit TBS, Luhut Calls Ukrainian Sunflower Oil Export Affected

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. (Mery Handayani/VOI)

JAKARTA - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said that currently the price of fresh fruit bunches (FFB) for palm oil is indeed experiencing pressure. Even so, Luhut also admitted that it was not easy to increase the price of FFB. The price of TBS at the farmer level is at the current level of IDR 1,000 per kg. Not infrequently below this figure. However, the government has required palm oil companies to buy at a price of IDR 1,600 per kg Luhut said, the current condition is exacerbated by the steps of countries that have started to reopen export faucets of solar seed oil after five months of detention. One of them is Ukraine. Where Ukraine also lowers export taxes for these commodities. This step taken by Ukraine has put pressure on global crude oil oil, including to Indonesia. Although exports have been carried out a lot, the selling price of TBS palm has fallen. "It's not easy to increase the price of FFB so far, the price of oil in Ukraine, the Sunflower oil has not been exported for a long time, how many months? 4-5 months, right. Now he has taken down taxes, he has brought export influence to others," he said when met at the Sahid Hotel. Jakarta, Thursday, July 7th. Luhut said that he had also explained to farmers who were connected to the Indonesian Palm Oil Farmers Association (Apkasindo) on Tuesday, July 5 at the Coordinating Ministry for Maritime Affairs and Investment. Furthermore, Luhut said he could not predict whether the price of palm FFB would increase in the near future. Even so, Luhut explained that the government would make various efforts to boost the price of FFB. But again, said Luhut, global economic conditions are also affecting. In particular, Ukraine's move to start selling solar oil again at a cheaper price. "I can't talk right now, we have to see Ukraine. He's a big sunflower reserve, isn't he exported? We understand that. We just don't know, nothing can be predicted so far," he said.