Tuesday, October 26, 2010

20101026 1523 Breaking News on CPO!

Indonesia raises Nov CPO, cocoa bean tax to 10 pct
JAKARTA, Oct 26 (Reuters) - Indonesia will set its crude palm oil export tax at 10 percent in November, up from 7.5 percent in October, the trade ministry said on Tuesday.
Higher export tax would mean Indonesia's palm oil products will be more expensive than rival Malaysia, potentially slowing exports in November from the world's top palm oil producer.

No comments: