Indonesia sets February crude palm oil export tax at $93/T, levy at $255

Based on the reference price, CPO export tax will be set at $93 per tonne in February

  

JAKARTA - Indonesia set a higher reference price for crude palm oil (CPO) for February at $1,026.78 per tonne, a Trade Ministry regulation published on Thursday showed, up from $951.86 per tonne in January.

Based on the reference price, CPO export tax will be set at $93 per tonne in February, while the export levy will be at $255 per tonne.

Meanwhile, cocoa export tax will stay at 5% next month.

(Reporting by Fransiska Nangoy, Fathin Ungku, Bernadette Christina Munthe; Editing by Martin Petty) ((Fransiska.Nangoy@thomsonreuters.com;))

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