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Palm Oil’s Entry into the Exchange

Monday, October 23, 2023

The first trading at the CPO exchange was still dull, with limited transactions. The government expects the CPO exchange to create a fair price.

arsip tempo : 171439494724.

Worker loads palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau, April 27, 2022. REUTERS/Willy Kurniawan/File Photo . tempo : 171439494724.

SINCE the government officially launched a crude palm oil (CPO) futures exchange platform on October 13, Yugieandy Tirta Saputra has been overwhelmed with busy schedules. The Director of Indonesia Commodity & Derivatives Exchange (ICDX) had been contacting 18 companies as members of the CPO exchange daily to ascertain their preparedness for transactions. “We were calling them one by one,” he told Tempo on Friday, October 20.

Yugi

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Aisha Shaidra

Palm Oil CPO Bappebti ICDX CPO Exchange
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