R.E.A. Holdings plc: Further re selling prices
R.E.A. Holdings plc (RE.)
R.E.A. Holdings plc: Further re selling prices
06-Sep-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
R.E.A. Holdings plc (“REA” or the “company”)
Further re selling prices
Further to the company's announcement on 10 August 2022 regarding selling prices for crude palm oil ("CPO") and crude palm kernel oil ("CPKO"), the Indonesian government has announced that the one-off export levy waiver which was to run until 31 August 2022 will now remain in place until 31 October 2022. The levy is to be re-instated from 1 November 2022 with a revised tariff structure and a top band tariff of $240 per tonne.
The latest government reference price is $929.66 per tonne which, although higher than the last reference price, remains within the same tariff band as the previous price. As a result, export duty is, for the time being, continuing unchanged at $74 per tonne.
The rates of export levy and export duty following the latest revision are set out below.
CPO reference price from 1 September 2022
From
To
Levy
Duty
Total
Net price*
$
$
$
$
$
$
-
680
-
-
-
680
681
730
-
3
3
727
731
780
-
18
18
762
781
830
-
33
33
797
831
880
-
52
52
828
881
930
-
74
74
856
931
980
-
124
124
856
981
1,030
-
148
148
882
1,031
1,080
-
178
178
902
1,081
1,130
-
201
201
929
1,131
1,180
-
220
220
960
1,181
1,230
-
240
240
990
1,231
1,280
-
250
250
1,030
1,281
1,330
-
260
260
1,070
1,331
1,380
-
270
270
1,110
1,381
1,430
-
280
280
1,150
1,431
1,480
-
288
288
1,192
*At top of band
CPO reference price from 1 November 2022
From
To
Levy
Duty
Total
Net price*
$
$
$
$
$
$
-
680
55
-
55
625
681
730
65
3
68
662
731
780
75
18
93
687
781
830
85
33
118
712
831
880
90
52
142
738
881
930
95
74
169
761
931
980
100
124
224
756
981
1,030
105
148
253
777
1,031
1,080
110
178
288
792
1,081
1,130
115
201
316
814
1,131
1,180
120
220
340
840
1,181
1,230
140
240
380
850
1,231
1,280
160
250
410
870
1,281
1,330
180
260
440
890
1,331
1,380
200
270
470
910
1,381
1,430
220
280
500
930
1,431
1,480
240
288
528
952
*At top of band
Enquiries:
R.E.A Holdings plc
Tel: 020 7436 7877
ISIN: GB0002349065 Category Code: MSCM TIDM: RE. LEI Code: 213800YXL94R94RYG150 Sequence No.: 186106 EQS News ID: 1435929
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