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INDONESIA TO SET DEC 16-31 PALM OIL REFERENCE PRICE AT $871.99/T -OFFICIAL
INDONESIA TO SET DEC 16-31 PALM OIL REFERENCE PRICE AT $871.99/T -OFFICIAL
13/12/2022 (Successful Farming) - Indonesia plans to set the crude palm oil reference price for Dec. 16-31 at $871.99 per tonne, deputy coordinating minister of economic affairs Musdhalifah Machmud said on Tuesday, up from $824.32 per tonnes for Dec. 1-15.
The reference price would put the export tax for the period at $52 per tonne and the export levy at $90 per tonne. The trade ministry has not yet issued the official document stating the reference price. -Reuters