Indonesia to raise crude palm oil reference price for December

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JAKARTA, Nov 29 (Reuters) - Indonesia will raise its crude palm oil (CPO) reference price for December to $1,071.67 a metric ton, from $961.97 in November, a trade ministry official said on Friday. The new price will put the export tax for December at $178 a ton. Indonesia also imposes a 7.5% levy for CPO exports while the levy for more refined palm oil products is charged at between 3% and 6% of the reference price. The regulation on the reference price had yet to be published. (Reporting by Bernadette Christina Editing by David Goodman ) (([email protected];))
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Published Date
29 Nov 2024 at 8:49 PM
Publisher
Refinitiv
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