Indonesia raised the mandatory amount of palm oil in its biodiesel mix to 40% this year from 35%. — Reuters
JAKARTA: Indonesia is planning to raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%, to finance a mandated increase in the amount of the oil used in biodiesel, according to a plantation fund official.
Indonesia raised the mandatory amount of palm oil in its biodiesel mix to 40% this year from 35%.
