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Indonesia Lowers Crude Palm Oil Export Tax At $3 Per Tonne

28 Feb 2020 10:20 pm
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MUMBAI (Commoditiescontrol)- Indonesia will set its export tax for crude palm oil (CPO) in March at USD 3 per tonne, down from USD 18 per tonne this month, the country’s trade ministry said on Friday.

The government’s price reference is set at USD 786.63 per tonne for next month.

However, levy for CPO exports kept unchanged at USD 50 per tonne.


       
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