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Indonesia raises crude palm oil reference price to $954.71/metric ton in September

Indonesia set crude palm oil reference price at $954.71 per metric ton for September, up from $910.91 per ton in August, a Trade Ministry regulation showed on Friday.

The new price means export tax for crude palm oil in September will increase to $124 per ton from currently $74 per ton. Indonesia also imposes a separate 10% export levy on the commodity.
Source: Reuters



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