04:41 Video CPO Exchange and New Hope for Farmers News – 9 hours ago

Jakarta, CNBC Indonesia – Indonesia finally officially has a Crude Palm Oil (CPO) exchange or crude palm oil. With the CPO exchange, Indonesia is sovereign in determining its own reference price.

Saleh Husain, former Minister of Industry, said that the CPO exchange could have a positive impact on farmers because the price of fresh fruit bunches (FFB) cannot be manipulated.

For complete details, watch the discussion between Bramudya Prabowo and Saleh Husain, former Minister of Industry, in the Food Agri Insight segment on CNBC Indonesia’s Squawk Box Program, Thursday (19/10/2023).

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