Indonesia keeps palm oil, cocoa export taxes unchanged for June


Indonesia imposes its progressive export tax on crude palm oil based on the government's reference price. The tax kicks in when the price goes above US$750 a tonne. The reference price in June was $568.94 a tonne, the ministry said, down from May's $635.15

JAKARTA: Indonesia will keep its export tax for crude palm oil at zero for a third month in June, the country's trade ministry said in a statement on Friday.

The country's cocoa export tax will also be kept at 5% in June.

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