Thursday, August 30, 2012

RTRS- Indonesia sets crude palm export tax at 13.5 pct for Sept

JAKARTA, Aug 29 (Reuters) - Indonesia, the world's top palm oil producer, will cut its export tax for crude palm oil to 13.5 percent for September, down from 15 percent in August and keep its tax on cocoa beans at 5 percent for September, a trade ministry official said on Wednesday.

The government will also lower the export tax for RBD palm olein to 6 percent in September, versus 7 percent in August.