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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.
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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
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ISIN: GB0002349065
Category Code: MSCM
TIDM: RE.
LEI Code: 213800YXL94R94RYG150
Sequence No.: 186106
EQS News ID: 1435929
End of Announcement EQS News Service
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