Markets and Trade
AreaIndonesia
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date01/05/2019
Policy CategoryTrade
Policy InstrumentExport policy (variable export tax)
DescriptionFrom May 2019 to October 2019: Kept the country’s sliding tax on crude palm oil exports at zero, in a bid to stimulate shipments and prevent domestic stocks from rising amid historically low world market prices. October 2019 marked the 30th month in succession of tax-free palm oil exports.
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