AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date16/01/2024

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionRaised the crude palm oil reference price for February 2024 to USD 806.4 per tonne from USD 774.9 per tonne, increasing the export tax and levy to USD 33 and USD 85 per tonne, respectively. Starting from February, the reference price will be updated on monthly basis, instead of fortnightly as done previously.