REG-R.E.A. Holdings plc R.E.A. Holdings plc: Further re selling prices

R E A HoldingsAnnouncement

19/07/2022 08:15

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   R.E.A. Holdings plc (RE.)
   R.E.A. Holdings plc: Further re selling prices

   19-Jul-2022 / 08:07 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   R.E.A. Holdings plc ("REA" or the "company")

    
   Further re selling prices

   Further to the company's announcement on 20 June 2022 regarding selling
   prices for crude palm oil ("CPO") and crude palm kernel oil ("CPKO"), the
   Indonesian government has published a further change to the export
   regulations with a temporary waiver of the export levy effective from 15
   July 2022 until 31 August 2022.

   The export levy is due to be re-instated on 1 September 2022 with a top
   band tariff of $240 per tonne. Accordingly, the combined export levy and
   export duty applicable to CPO from 15 July to 31 August 2022 and from 1
   September onwards are as set out below.

   The immediate net effect of this change, which is intended to reduce local
   inventory levels, is a decrease in the combined export tariffs, payable at
   the current CPO reference price of $1,615 per tonne, to $288 per tonne
   compared with $488 per tonne payable since 14 June 2022.

   CPO reference price (15 July – 31 August 2022)
       From       To Levy Duty Total   Net price*
          $        $    $    $     $            $
          -      750    0    -     0          750
        751      800    0    3     3          797
        801      850    0   18    18          832
        851      900    0   33    33          867
        901      950    0   52    52          898
        951    1,000    0   74    74          926
      1,001    1,050    0  124   124          926
      1,051    1,100    0  148   148          952
      1,101    1,150    0  178   178          972
      1,151    1,200    0  201   201          999
      1,201    1,250    0  220   220        1,030
      1,251    1,300    0  240   240        1,060
      1,301    1,350    0  250   250        1,100
      1,351    1,400    0  260   260        1,140
      1,401    1,450    0  270   270        1,180
      1,451    1,500    0  280   280        1,220
      1,501    1,550    0  288   288        1,262
   *At top of band                      

    

   CPO reference price (from 1 September
      From      To Levy Duty Total   Net price*
         $       $    $    $     $            $
         -     750   55    -    55          695
       751     800   65    3    68          732
       801     850   75   18    93          757
       851     900   85   33   118          782
       901     950   90   52   142          808
       951   1,000   95   74   169          831
     1,001   1,050  100  124   224          826
     1,051   1,100  105  148   253          847
     1,101   1,150  110  178   288          862
     1,151   1,200  115  201   316          884
     1,201   1,250  120  220   340          910
     1,251   1,300  140  240   380          920
     1,301   1,350  160  250   410          940
     1,351   1,400  180  260   440          960
     1,401   1,450  200  270   470          980
     1,451   1,500  220  280   500        1,000
     1,501   1,550  240  288   528        1,022
   *At top of band                    

    

   Enquiries:

   R.E.A Holdings plc

   Tel: 020 7436 7877

    

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   ISIN:          GB0002349065
   Category Code: MSCM
   TIDM:          RE.
   LEI Code:      213800YXL94R94RYG150
   Sequence No.:  175487
   EQS News ID:   1400519


    
   End of Announcement EQS News Service

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