Markets and Trade
AreaIndonesia
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date23/06/2023
Policy CategoryTrade
Policy InstrumentExport policy
DescriptionLowered its reference price for CPO from USD 811.68 per tonne to USD 723.45 per tonne for the period of 16–30 June. The CPO export tax would be reduced from USD 33 per tonne to USD 3 per tonne, while the export tariff would be reduced from USD 85 per tonne to USD 65 per tonne.