AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date23/05/2023

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionLowered its reference price for CPO from USD 893.23 per tonne to USD 811.68 per tonne for the period of 1–15 June. The reference price would reduce the CPO export tax from USD 74 per tonne to USD 33 per tonne and the levy from USD 95 per tonne to USD 85 per tonne, respectively.