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
Morocco’s push for domestic wheat faces quality issues and harvest delays
Global soybean prices are putting pressure on the Ukrainian market
Fuel shortages threaten profitability of grain production in Russia
India may halt sugar exports for years due to El Niño and rising ethanol demand
Ukraine 2026/27 wheat: Strong export potential, but prices remain under pressure
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon