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Indonesia Cuts Crude Palm Export Tax To 15 Pct in July
calendar26-06-2012 | linkReuters | Share This Post:

26/06/2012 (Reuters) - Indonesia, the world's top palm oil producer, will cut its export tax for crude palm oil to 15 percent in July from 19.5 percent for June, a trade ministry official said on Monday.

The government will also cut its export tax for RBD palm olein to 7 percent in July, from 10 percent this month.

It will hold its export tax on cocoa beans at 5 percent.