Markets and Trade
AreaIndonesia
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date01/03/2019
Policy CategoryTrade
Policy InstrumentExport policy
DescriptionKept 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.
NotesIn 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.