Breaking News-RTRS - Indonesia to cap palm export tax at 22.5 pct

JAKARTA, Aug 25 (Reuters) - Indonesia, the world's top palm oil producer, will cap its export tax for the edible oil at 22.5 percent from 25 percent previously, a trade ministry official said on Thursday.
The changes, which include setting the minimum for the export tax at 7.5 percent versus 1.5 pct previously, will take effect from Oct. 1, the trade ministry official, who declined to be named, told Reuters.
The export tax cap on palm oil olein products (downstream), was cut to 13 percent from 25 percent, according to finance ministry documents, which set the implementation date on 30 days from Aug. 15.