Indonesia raises the basic price of palm oil
According to the Ministry of Economy and Trade of Indonesia, the base price for crude palm oil in the country will be $795.14 per tonne for the period from December 1 to 15.
In November, the price was $750.54 per ton.
It is also worth noting that the export tax on palm oil in the first half of December is set at $33 per ton compared to $18 per ton in November.
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