KONTAN.CO.ID - JAKARTA. Indonesia, the world's biggest producer of palm oil, may extend an export levy waiver on the edible oil to the end of this year, its chief economic minister said on Tuesday. Indonesia started waiving levies imposed on exports of palm oil products from mid-July to help reduce its stock glut following a three-week export ban in late April, which was designed to stabilise local cooking oil prices. Read Also: North Korea Conducts Longest-range Missile Test Yet Over Japan
Indonesia May Extend Palm Oil Export Levy Waiver to Year-End
KONTAN.CO.ID - JAKARTA. Indonesia, the world's biggest producer of palm oil, may extend an export levy waiver on the edible oil to the end of this year, its chief economic minister said on Tuesday. Indonesia started waiving levies imposed on exports of palm oil products from mid-July to help reduce its stock glut following a three-week export ban in late April, which was designed to stabilise local cooking oil prices. Read Also: North Korea Conducts Longest-range Missile Test Yet Over Japan