palm oil

Commodities Update — Gold slips; wheat tumbles; Indonesia removes palm oil levy

Commodities Update — Gold slips; wheat tumbles; Indonesia removes palm oil levy

  • Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finance ministry officials said on Saturday, adding the move would not disrupt government revenues.
By Nirmal Narayanan ·