MARKET DEVELOPMENT
Indonesia sets Aug 16-31 crude palm oil reference price at $820.35/metric ton
Indonesia sets Aug 16-31 crude palm oil reference price at $820.35/metric ton
16/08/2023 (Market Screener), Jakarta - Indonesia has set its crude palm oil (CPO) reference price at $820.35 per metric ton for the period of Aug. 16-31, according to a trade ministry regulation.
The reference price was lower than the $826.48 per metric ton for August 1-15. The CPO export tax and levy for the second half of August would remain unchanged at $33 per ton and $85 respectively.
Source: Reuters