Indonesia’s CPO reference price for the 1-15 January shipment was calculated at US$858.96/ton or down US$13.03 from the previous period of US$871.99/ton effective 16-31 December. However, the tax rate and levy will remain unchanged with CPO taxed at US$52 and levy at US$90 and RBD palm olein taxed and levied at US$12 and US$70 respectively. The extension of…
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