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Indonesia to set crude palm oil reference price at $900.52/T for Aug 16-31 -official

JAKARTA, Aug 15 (Reuters) - Indonesia will set crude palm oil reference price at $900.52 per tonne for the period of Aug. 16-31, up from $872.27 per tonne set for the first half of the month, Musdhalifah Machmud, a senior official at economics ministry said on Monday.

The reference price would place the export tax of crude palm oil at $74 per tonne in that period. Indonesia has waived palm oil export levies until the end of August. (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy Editing by Kanupriya Kapoor)

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