Indonesian government maintains current base price for palm oil export
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Last Update: 2001-08-16
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Source: Internet
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Author: User
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Introduction: media recently reported that the director of Foreign Trade Department of Indonesia's Ministry of industry and trade, Riyanto, said that despite the recent rise in the Indonesian rupiah against the US dollar, the government has decided to maintain the current export base price of palm oil and its derivatives Indonesia's current export base price is as follows: crude palm oil of US $160 per ton, palm oil core of US $35 per ton, refined, bleached and deodorized palm oil of US $175 per ton, crude palm oil concentrate of US $165 and refined, bleached and deodorized palm oil concentrate of US $190 per ton, respectively He said the price will take effect from August 12 until September 12 Although Indonesia lowered its commodity export tax in early February, the government has not changed the base price of palm oil exports.
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