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
Turkish Ports Added to UkrAgroConsult LineUp Reports
Iran threatens to attack any ship that tries to pass through the Strait of Hormuz
War in the Middle East has doubled tanker freight rates in the region
AmSpec – Partner of BLACK SEA GRAIN.KYIV-2026
Brazil’s ethanol production could reach 21-year record high
Write to us
Our manager will contact you soon