PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 09 Apr 2026

Total Views: 194
MARKET DEVELOPMENT
Indonesia keeps palm oil, cocoa export tax unchanged for Oct
calendar27-09-2019 | linkReuters Africa | Share This Post:

26.09.2019 (Reuters Africa) - * Indonesia will keep the export tax for crude palm oil (CPO) at zero and for cocoa beans at 5% for October, the trade ministry said in a statement on Thursday

* The trade ministry set the CPO reference price at $574.9 per tonne for next month and the cocoa beans reference price at $2,272.7 per tonne

* Indonesia collects export taxes for CPO when the reference price is above a $750 per tonne threshold and collects export levies when the price is above $570 per tonne, but earlier this week the government said it will not collect levies until January (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy; Editing by Kirsten Donovan)