Indonesia February CPO export tax raised to US$93 | Indo Feb CPO Ref

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?

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