Published on October 18, 2024
The Reference Price (HR) for palm oil (CPO) commodities, which is used in determining Export Duties (Bea Keluar) and tariffs for the Public Service Agency for the Management of Palm Oil Plantation Funds (BLU BPD-PKS), or commonly known as Export Levy (Pajak Ekspor), for the April 2024 period is USD 857.62 per metric ton (MT). This shows an increase of USD 58.72 or 7.3 percent from the March 2024 period which previously reached USD 798.90 per MT.
This determination is stipulated in the Decree of the Minister of Trade Number 416 of 2024 concerning Crude Palm Oil Reference Price for Export Duty and BLU BPD-PKS Service Tariff for April 2024 Period. The CPO Export Duty (BK) for April 2024 refers to Column Number 5 of Appendix Letter C of the Minister of Finance Regulation Number 39/PMK/0.10/2022 jo. Number 71 of 2023 with a value of USD 52 per MT.
Meanwhile, the CPO Export Levy (PE) for April 2024 refers to Appendix Letter C of the Minister of Finance Regulation Number 103/PMK.05/2022 jo. 154/PMK.05/2022 with a value of USD 90 per MT.