Commodity News
SunSirs: Indonesia Raises Palm Oil Export Tax to $142/ton in September
September 03 2024 16:06:31 SunSirs (Selena)
The reference price for palm oil in August has been raised to $839.53 per ton.
On September 1st, foreign media reported that the Indonesian Ministry of Trade stated that Indonesia has set the reference price for palm oil from September 1st to 30th at $839.53 per ton, higher than the $820.11 per ton from August 1st to 31st.
According to the latest reference price, the export tariff for crude palm oil in September was $52 per ton, the export fee was $90 per ton, and the total export tax was $142 per ton. In August, the export tariff for crude palm oil was $33 per ton, the export fee was $85 per ton, and the total export tax was $118 per ton.
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