On July 30th, foreign media reported that the Indonesian Ministry of Trade stated that Indonesia has set the reference price for palm oil from August 1st to 31st at $820.11 per ton, higher than the $800.75/ton during the period from July 1st to 31st.

According to the latest reference price, the export tariff for crude palm oil in August is $33 per ton, the export fee is $85 per ton, and the total export tax is $118 per ton, which is the same as July.

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