JAKARTA – Indonesia has raised the crude palm oil (CPO) reference price and export levy for January, an official document on its trade ministry website showed on Monday.
The reference price of crude palm oil will be raised to $951.86 per tonne in January from $870.77 in December while export tax collected from CPO will be raised to $74 from $33 per tonne previously.
Export levies from CPO will also be raised to $225 in January from $180 per tonne previously.
Meanwhile, Indonesia has also increased the reference price for cocoa to $2,637.93 per tonne for January and has kept the export tax at 5%, the document showed.
Source : zawya.com