15.05.2023 (Business Recorder) - JAKARTA: Indonesia set its crude palm oil (CPO) reference price at $893.23 per tonne for the period of May 16-31, a trade ministry decree published on Monday showed.

The price is lower than the $955.53 per tonne in May 1-15 period.

The new reference price would place CPO export tax at $74 per tonne and levy at $95, lower from the previous period.

https://www.brecorder.com/news/40242187/indonesia-sets-may-16-31-crude-palm-oil-reference-price-at-89323t