Monday, September 22, 2008

Breaking News-RTRS-Indonesia cuts Oct palm oil export tax to 7.5 pct

JAKARTA, Sept 22 (Reuters) - Indonesia's trade ministry said on Monday it has cut its palm oil export tax for October to 7.5 percent, from 10 percent in September.
The ministry also lowered its base export prices for palm oil to $736 a tonne for October, from $902 a tonne a month earlier.