Breaking News-RTRS - Indonesia may cut maximum palm oil export tax rate-official

JAKARTA, July 27 (Reuters) - Indonesia, the world's No. 1 palm oil producer is eyeing a lower maximum palm export tax rate, now 25 percent, as early as next month, Bambang Brojonegoro, head of the fiscal policy section at the finance ministry, said on Wednesday.
The palm oil market has been abuzz with talk that Jakarta may cut the top tax rate to 20 percent or 22.5 percent.