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Indonesia Maintains Palm Oil Export Tax at zero for April
calendar31-03-2015 | linkCustoms Today Newspaper | Share This Post:

31/03/2015 (Customs Today Newspaper) - Indonesia set its crude palm oil export tax for April at zero, unchanged from March, the Trade Ministry said on its website on Monday.

No explanation was given for the decision, but previously the ministry has said the tax was set at zero because benchmark palm oil prices were below the threshold triggering a monthly tax on shipments overseas.

The export tax on cocoa beans was set at 10 percent for April, unchanged from March, the ministry said.