06/10/2017 (UkrAgroConsult) - The Finance Ministry of Indonesia reported a new scheme of charging the export duty on palm oil and its products. Previously, it was calculated at a rate of 7.5% to 22.5% of the export commodity’s value, if the product price exceeds USD 750/MT, reports UkrAgroConsult.

The new scheme gives up on the percentage rates and sets the duty within USD 3 to USD 200/MT plus a tax at USD 50.