Indonesia March CPO reference price was set at US$1432.24/ton or up by US$98.10 from February rate of US$1314.75, the government Coordinating Ministry for Economic Affairs announced today. The rise was within market expectation. March levy and tax rate on palm product shipment will remain at the top level for the fifth month in a row with crude products levied at US$175 and CPO tax retained at US$200. CPKO will be taxed at US$245.
For Indonesia tax and levy rate calculation refer to this site: POA Calculator.