Indonesia increased the reference price and export duty on palm oil
The reference price for crude palm oil in Indonesia has been raised to $938.87 per tonne for March. It was $918.47 per tonne in February, Reuters reports.
The export duty on crude palm oil will increase this month from $74 to $124.
As a reminder, Indonesian authorities also levy a separate 10% export tax on crude palm oil.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
BLACK SEA GRAIN. KYIV: Join with a SMART rate by March 31!
Ukraine Loses the EU Market and Returns to Fierce Wheat Competition
Japan’s rice production will continue to decline
French farmers consider shifting some corn plantings to sunflower amid rising fert...
Brazil strengthens global soybean leadership amid US-China trade tensions
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon