The export levy is cut to zero from US$200 a ton for crude palm oil starting from July 15, according to a rule posted on finance ministry website. - Bloomberg
JAKARTA, July 16 (Bloomberg): Indonesia will waive its palm oil export levy until the end of August in a fresh attempt to boost shipments and reduce its overflowing stockpiles.
The export levy is cut to zero from US$200 a ton for crude palm oil starting from July 15, according to a rule posted on finance ministry website.
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