Friday, December 24, 2010

Breaking News-RTRS - INDONESIA CONFIRMS JANUARY PALM OIL EXPORT TAX AT 20 PCT, COCOA BEANS AT 10 PCT-TRADE MINISTRY

JAKARTA, Dec 23 (Reuters) - Indonesia will set the export tax for crude palm oil in January at 20 percent versus 15 percent in December, a trade ministry official said on Thursday, confirming earlier reports by industry sources.
The government will also set the palm oil base export price at $1,112 per tonne, said Deddy Saleh, acting director general of international trade at the ministry.
The export tax for cocoa beans in January will be unchanged at 10 percent, with base export price set at $2,593 per tonne, he said.