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Indonesia's Ministry of Trade set the July 2026 crude palm oil reference price at USD 1,000.90 per tonne, down 2.78% from June. The decline reflects weaker demand from India and lower global crude oil prices.
The reference price sets the export duty and levy base.
The lower reference price reduces export duties and levies on Indonesian palm oil, which can ease export costs. It also signals softer global demand and lower energy-linked values for vegetable oils.
palmoilmagazine.comPalmoilmagazineJun 30, 2026Not enough comparable past events yet for a historical read.
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.
