Announcement
29 Oct 2024
In October 2024, the Minister of Trade of Indonesia increased the export duty and reduced the plantation fund tariff on the export of crude palm oil (CPO) after the reference value of the CPO market was set at USD 961.97/MT.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Nov 2024
Revocation date:
30 Nov 2024
Announced: 29 Oct 2024
Export tax
On 29 October 2024, the Minister of Trade of Indonesia issued Decision No.1532/2024, reducing the plantation fund tariffs for the export of crude palm oil (CPO) from 95 USD/tonne to 72.14 USD/tonne. T...
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Implementation date
01 Nov 2024
Revocation date:
30 Nov 2024
Announced: 29 Oct 2024
Export tax
On 29 October 2024, the Minister of Trade of Indonesia issued Decision No.1532/2024, increasing the export duty on crude palm oil (CPO) from 33 USD/MT to 74 USD/MT. The new tax was adopted after setti...
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Related State Acts
End prolongation: 31 Jan 2025
Indonesia: Temporary changes in export duties of crude palm oil (28 November 2024)
Announced: 30 Sep 2024
Indonesia: Temporary changes in export duties of crude palm oil (30 September 2024)
Announced: 19 Sep 2024
Indonesia: Government changed the plantation fund tariffs for crude palm oil exports and its derivatives
Announced: 09 Jun 2022
Indonesia: Government increased the export levies on crude palm oil and its derivative products
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