Wednesday, June 22, 2011

Indonesia to Raise July Crude Palm Oil Export Tax


JAKARTA,  Indonesian government will raise crude palm oil export tariff to 20% for July from this month's 17.5% due to higher prices of the commodity globally, an official said.

Director General for International Trade Deddy Saleh told Dow Jones Newswires that CPO price reference for July will be $1,168.38 per metric ton, up from $1,146.82 in June.
from: KOMPAS.com

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