Indonesia sets the crude palm oil reference price for May at $1,049.58 per ton
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Golden Ten Data Futures, April 30 — According to foreign media reports, a decree published by the Indonesian Ministry of Trade on Thursday shows that Indonesia has set the May reference price for crude palm oil exports at $1,049.58 per ton, an increase from the April level of $989.63 per ton. Based on the new reference price, the May export tax for crude palm oil will be raised accordingly to $178 per ton. In addition, Indonesia will also impose a separate 10% special levy on crude palm oil exports.
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