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Indonesia plans to set Nov 1-15 palm oil reference price at $770.88/t -official

JAKARTA, Oct 28 (Reuters) - Indonesia plans to set its crude palm oil reference price at $770.88 per tonne for Nov. 1-15, deputy minister for economic affairs, Musdhalifah Machmud said on Friday, up from the current reference price of $713.89 per tonne.

The planned reference price would put the export tax for the period at $18 per tonne, up from the current $3. The government has yet to issue the decree stating the Nov. 1-15 reference price. (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy)

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