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Byline: Editor Antaranews.com
Jakarta, May 3 (ANTARA) - The Trade Ministry has set the tariff of export duty on crude palm oil (CPO) for June 202 shipment at 9.5 percent, which is the same as the previous month.
"The CPO reference price for June is US$,69.58 per ton so the tariff of export duty is 9.5 percent," Director General of Foreign Trade at the Trade Ministry Deddy Saleh said in an e-mailed statement on Thursday.
The government set the export benchmark price of CPO at US$,098 per ton based on the average CPO price in the past month at the Indonesia Commodity and Derivatives Exchange (BKDI) and the Rotterdam Commodity Exchange in the Netherlands.…