Indonesia to Set May 1-15 Crude Palm Oil Reference Price at $955.53/T- official

CPO - JAKARTA. Indonesia plans to set its crude palm oil (CPO) reference price at $955.53 per tonne for May 1 to May 15, up from $932.69 during last two weeks of April, senior economic ministry official Musdhalifah Machmud said on Wednesday.

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The price would put Indonesia's CPO export tax at $124 per tonne and export levy at $100 per tonne, unchanged from the current period. The decree officially stating the reference price had yet published.