Announcement
29 Sep 2023
In September 2023, the Minister of Trade of Indonesia increased the export duty on the export of crude palm oil (CPO) after the reference value of the CPO market was set at USD 827,37/MT.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
01 Oct 2023
Revocation date:
15 Oct 2023
On 29 September 2023, the Minister of Trade of Indonesia issued Regulation No.1698/2023, increasing the export duty on crude palm oil (CPO) from 3 USD/MT to 18 USD/MT. The new tax was adopted after...
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