Indonesia, the world’s top palm oil producer, has allowed palm oil exports to resume after a three-week ban, but progress is slow due to red tape, which keeps mills’ storage tanks full palms.
Farmers have complained that palm fruit prices remain low because mills always limit their purchases.
The government would increase the maximum tax to $288 per ton, but lower the maximum levy to $200 per ton, Lutfi said. Indonesia currently charges a maximum of $200 per ton for export tax and a maximum of $375 per ton for levy.
Lutfi did not say when the new fees will be imposed.
The current total of taxes and levies is “heavy”, said Oke Nurwan, a senior official in the Ministry of Commerce.
“Exports have to flow because the storage tanks are full,” he told reporters.
Indonesia banned the export of crude palm oil and some of its derivatives from April 28 for three weeks in a bid to control soaring domestic prices for cooking oil, made from palm oil. webbed.
To ensure a secure national supply of palm oil after the ban is lifted, the government has put in place a policy stipulating that producers must sell some of their products on the local market before being granted palm oil permits. export.
Industry groups have called on the government to allow a larger export quota during the transition period to free up storage after a number of palm oil factories stopped buying palm fruit to farmers.
Asked about this request, Mr Lutfi said that “we are examining” the proposal. He said companies are allowed to export five times the amount they sold locally.