People ride on a motorbike passed the trucks with palm oil fresh fruit bunches queue for unloading at a factory in West Aceh, Indonesia, May 17, 2022, in this photo taken by Antara Foto via REUTERS环球ug平台卖分(www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
JAKARTA: Indonesia plans to set a crude palm oil reference price every two weeks so that its tax rate can move more in line with market prices, CNBC Indonesia reported on Monday, citing the trade minister.
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Indonesia currently sets its palm oil reference price every month, which determines its export tax rates. It was not immediately clear when the change, which Reuters recently reported was being considered, would take effect.
Officials with the trade ministry did not immediately respond to a request for comment. - Reuters
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