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331938

Indonesia lowers export tax threshold on crude palm oil to $680/T -ministry

JAKARTA, Aug 9 (Reuters) - Indonesia has started to impose export tax on crude palm oil from when the government's reference price is above $680 per tonne, lower than above $750 per tonne previously, a finance ministry document showed.

The new threshold has taken effect from Tuesday. (Reporting by Fransiska Nangoy, Bernadette Christina Munthe; Editing by Muralikumar Anantharaman)

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