AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date23/05/2023

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionLowered its reference price for crude palm oil (CPO) from USD 955.53 per tonne to USD 893.23 per tonne for the period of 16–30 May. The reference price would place the CPO export tax at USD 74 per tonne and the levy at USD 95, compared with USD 124 per tonne and USD 95 per tonne, respectively, in the previous period.