Markets and trade
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/03/2019
Policy Category
Trade
Policy Instrument
Export policy
Description
Kept the country\'s sliding tax on crude palm oil exports at zero, in a bid to stimulate exports and prevent further rises in domestic inventories. In March 2019, this Government move marked the 24th successive month without export tax.
Notes
In Indonesia, the export tax on crude palm oil remained at zero, as benchmark prices continued to range below the threshold that triggers taxation. In March 2019, this Government move marked the 24th successive month without export tax.