
Indonesia set the May 2026 crude palm oil reference price at US$1,049.58 per tonne, up 6.06% from April. Export duty and levy combined total US$309.20 per tonne for May.
Higher export charges raise the cost of Indonesian palm oil exports, supporting offshore palm prices and reducing export competitiveness versus rival oils.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.