Indonesia increased the basic price of palm oil in the first half of November
According to the Ministry of Economy and Trade of Indonesia, the basic price for crude palm oil in the country will be $748.93 per tonne for the period from November 1 to 15.
As a reminder, the price was $740.67 per tonne before November 1.
It should also be noted that the export tax on palm oil in the first half of this month is set at $18 per ton.
Read also
Ukraine 2026–2030: Global Drivers and Local Transformation
US corn planting seen down, soybean acres up as Iran war drives up costs
Following crude oil: Agriculture may be the next victim of the global shock
Tunisia’s olive oil exports rise in volume but revenues fall on lower prices
China launches investigation into US trade practices
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon