Export tax should never have been imposed on CPO, commented Indonesian agriculture minister Bungaran Saragih yesterday (11 January), lending full support to the call for its abolition.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Domestic CPO producers demanded that the tax be scrapped, struggling after the global fall in the commodity’s price, but industry and trade minister Luhut B. Panjaitan is stressing that the advantages and disadvantages of the proposal are still being reviewed by the government. 


The support of Saragih is perhaps good news for the producers, however. “The 10% export tax was a mistake of the past,” he said, adding that all agricultural products should be exempt from export taxes.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now