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Indonesia set its November crude palm oil reference price at $978.90 per ton. The reference price is used to calculate export levies and duties.
The reference price sets Indonesian export tax costs, which affects the competitiveness of Indonesian palm oil in export markets.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.