AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/06/2021

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionMirroring the development of relevant benchmark prices, the variable tax applied to crude palm oil exports peaked in June 2021 at USD 183 per tonne. After downward corrections in July and August, the tax was raised again, standing at USD 166 per tonne in both September and October 2021.