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Indonesia to impose palm export levy to fund subsidies, R&D

Tuesday, April 7, 2015 - 05:50

Jakarta

INDONESIA, the world's biggest palm oil producer, will impose export levies to fund biodiesel subsidies as well as replanting, research and development.

Shippers will pay a levy of US$50 a tonne for palm oil and US$30 for processed products starting this month, Sofyan

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