AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date31/05/2024

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionLowered the crude palm oil (CPO) reference price for June 2024 to USD 778.8 per tonne, effectively decreasing export tax to USD 18 from USD 52 per tonne and decreasing levy to USD 75 from USD 90 per tonne.