Palm | Kelapa Sawit

JAKARTA, Aug 22 (Reuters) - Indonesia will cut palm oil export taxes in September to bring them in line with international prices, a senior trade official said on Friday.

The government will cut the palm oil export tax in September to 10 percent from 15 percent in August, while the base export price for crude palm oil will also be cut to $902 a tonne from $1,106 a tonne in August.

The new prices will be valid from Sept. 1 until the end of the month.