AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date23/10/2023

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionLowered the reference price for CPO to USD 740.67 per tonne from USD 827.37 per tonne for the period of 16–30 October, reducing the payable export tax to USD 18 per tonne from USD 33 per tonne and the levy to USD 75 per tonne from USD 85 per tonne, while also reducing taxes for other palm products.