| From Thejakartaglobe.com: In an attempt to establish its price for crude palm oil futures contracts as the local benchmark instead of relying on the Dutch standard, the Indonesia Commodity & Derivatives Exchange has recently asked the government to adopt its price for use in tax calculations.
“Why do we have the price of CIF Rotterdam as our export price reference? It is not the real price of Indonesia,” Megain Wijaya, president director of the exchange, told the Jakarta Globe on Thursday...........................................Full Article: Source
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