Indonesia to Keep Crude Palm Oil Export Duty in April

 
According to Indonesian news on March 27, the Indonesian Government will maintain the export duty on Crude Palm Oil at 10.5%.

The officials said that the basic CPO price will reduce to USD 780 from USD 782 of March.

In addition, the Government will also maintain the export duty on 24-degree refined CPO at 4%, so will the cocoa duty, which is still 5%.

Each month, Indonesia formulates the export duty based on the average prices of CPO at Kuala Lumpur, Rotterdam and Djakarta.