JAKARTA, March 22 (Reuters) - Indonesia, the world's top palm oil producer, will increase its export tax for crude palm oil to 18 percent for April from 16.5 percent in March, while leaving its tax on cocoa beans unchanged, a trade ministry
official said on Thursday.
The government will also raise the export tax for RBD palm olein to 9 percent in April, versus 8 percent in March, said Deddy Saleh, the director general of foreign trade at the trade ministry.
Southeast Asia's largest economy has a palm export tax system that aims to boost downstream industries, secure domestic supplies and reduce volatility in cooking oil prices.
official said on Thursday.
The government will also raise the export tax for RBD palm olein to 9 percent in April, versus 8 percent in March, said Deddy Saleh, the director general of foreign trade at the trade ministry.
Southeast Asia's largest economy has a palm export tax system that aims to boost downstream industries, secure domestic supplies and reduce volatility in cooking oil prices.
