Indonesia to Set Palm Oil Price Reference at $930.02/T for Sept 1-15 -Official

CPO - JAKARTA. Indonesia will set its crude palm oil (CPO) reference price for Sept. 1-15 period at $930.02 per tonne, up from $900.52 per tonne for Aug. 16-31, senior economic ministry official Musdhalifah Machmud told Reuters on Monday.

The price reference would put Indonesia's CPO export tax at $124 per tonne for the period, up from the current $74 per tonne. Indonesia has decided to waive its separate palm oil export levies until Oct. 31.

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