Indonesia to raise crude palm oil reference price for October, official says
Indonesia will raise its crude palm oil (CPO) reference price for October to $893.64 per metric ton from $839.53 in September, trade ministry official Farid Amir told Reuters on Monday.
The new price will put the export tax for October at $74per ton. Indonesia also imposes a 7.5% levy of the reference price for CPO exports, while the levy for more refined palm oil products is charged at between 3% and 6% of the reference price. The regulation stating the reference price has yet to be published.
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 & Danube: Crop and Export Forecast
Ukraine to expand sunflower and rapeseed area while soybeans decline — FAS USDA
Wheat faces biggest weekly drop in eight months on higher inventories
Cargill’s head of world trading departs firm after three decades
Indonesia deploys African weevils to boost palm oil output
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon