AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date23/07/2023

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionRaised the reference price for CPO to USD 791.02 per tonne from USD 747.23 per tonne for the period of 16–31 July. The increase will raise the payable export tax for CPO to USD 33 per tonne from USD 18 per tonne and the levy to USD 85 per tonne from USD 75 per tonne, while taxes for other palm products will also be raised.