ILUSTRASI. Palm oil harvest in a plantation in nMesuji Raya, Ogan Komering Ilir, Sumatera Selatan, Senin (9/5/2022).. ANTARA FOTO/Budi Candra Setya/pras.
Sumber: Reuters | Editor: Thomas Hadiwinata
KONTAN.CO.ID - JAKARTA, July 6 (Reuters) - Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry official said on Wednesday, aiming to adjust quicker to fast-changing international market prices.
The government currently sets a monthly reference price based on Indonesian, Malaysian and European crude palm oil prices. That price is used to determine the palm oil export tax and levy each month.
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