Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (30 November 2023)

Announcement

30 Nov 2023

In November 2023, the Minister of Trade of Indonesia increased the plantation fund tariffs for the export of crude palm oil (CPO) from 75 USD/tonne to 85 USD/tonne after setting the reference value of the CPO market at USD 795.14/MT.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2023

Revocation date:

15 Dec 2023

Announced: 30 Nov 2023
Export tax
On 30 November 2023, the Minister of Trade of Indonesia issued Regulation No.1965/2023, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 75 USD/tonne to 85 USD/tonne....
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