Indonesia CPO export tax is raised to US$93 from US$74 in January after the calculated reference price for February was US$1026.78/ton from US$951.86 in January—Indonesia Trade Ministry. The corresponding levy on CPO will be US$255 from previously US$225 in January.
For details of levy and export tax on other palm products, Click here
What is the impact on cash prices and CPO Futures on Bursa Malaysia?
For more analysis please subscribe or get a free trial, firstname.lastname@example.org