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 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