UPDATE 1-Indonesia keeps March palm oil, cocoa export tax unchanged

Newswire

(Adds details) JAKARTA, Feb 23 (Reuters) - Indonesia will keep its palm oil and cocoa bean export tax for March unchanged from February at 25 percent and 10 percent respectively, a trade ministry official said on Wednesday, confirming an earlier Reuters report. The base export price for crude palm oil (CPO), which is used to calculate the export tax in the world's largest producer of the oil, will be set at $1,222 a tonne, up from $1,194 a tonne in February, the official said. The tax ...

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