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Indonesia raises palm oil export levy to maximum $375/T
Indonesia raises palm oil export levy to maximum $375/T
17.03.2022 (www.agriculture.com) - JAKARTA, March 18 (Reuters) - Indonesia has raised its palm oil export levy and the maximum rate has been set at $375 a tonne when the reference price for the edible oil hits $1,500 a tonne, up from $175 previously, a new government regulation showed on Friday.
The regulation takes effect immediately. (Reporting by Bernadette Christina Writing by Gayatri Suroyo; Editing by Jacqueline Wong)
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