Indonesia’s move welcomed


Need to change: Palm Oil Refiners Associaton of Malaysia says that based on its analysis, Malaysia should consider revising its current CPO export tax structure implemented since January 2013 to mimic the new changes in the Indonesian export duty structure.

New regulation on CPO is seen to be more practical and transparent

IN a surprise move on Tuesday, Indonesia – the world’s largest palm oil producer – issued a new regulation that will change the way its crude palm oil (CPO) and palm oil products export taxes are calculated.

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