# Indonesia sets November crude palm oil reference price at $978.90 per ton — TradingView News

> 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.

- Date: 2026-10-29 · published 2026-10-29T18:05:45.704Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/1346-indonesia-sets-november-crude-palm-oil-reference-price-at-978-90-per-ton
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The reference price sets Indonesian export tax costs, which affects the competitiveness of Indonesian palm oil in export markets.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-10-14 | [Malaysia Adjusts November Crude Palm Oil Reference Price to Sustain 10% Export Duty \| Tridge Insights](https://feedsoft.ai/events/15522-malaysia-adjusts-november-crude-palm-oil-reference-price-to-sustain-10-export.md) | -0.2% | -7.3% |
| PALMOIL | 2023-06-02 | [Palm Oil News - CPO Reference Price Gets Cheaper on 1 - 15 June: OF and Levy Are US$ 116 Per Ton](https://feedsoft.ai/events/15728-palm-oil-news-cpo-reference-price-gets-cheaper-on-1-15-june-of-and-levy-are-us.md) | -0.1% | +7.1% |
| PALMOIL | 2025-02-01 | [Palm Oil Magazine - Indonesia's CPO Reference Price in February 2025 Decreases, Export Duty and Levy Set at US$ 195.66 per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15584-palm-oil-magazine-indonesia-s-cpo-reference-price-in-february-2025-decreases.md) | +3.6% | +3.5% |
| PALMOIL | 2023-10-20 | [Cargoes begin trading on Indonesia's ICDX crude palm oil exchange](https://feedsoft.ai/events/33742-cargoes-begin-trading-on-indonesia-s-icdx-crude-palm-oil-exchange.md) | -0.4% | +5.9% |
| PALMOIL | 2023-04-04 | [Palm Oil News - CPO Reference Price on 1 - 15 April 2023 Gets Cheaper: CPO OF and Levy Would be US$ 169/ton](https://feedsoft.ai/events/15743-palm-oil-news-cpo-reference-price-on-1-15-april-2023-gets-cheaper-cpo-of-and.md) | -0.5% | -12.2% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2026:newsml_L3N46F1LD:0-indonesia-sets-november-crude-palm-oil-reference-price-at-978-90-per-ton/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.