Loading…
Indonesia's Ministry of Trade set the December 2025 crude palm oil reference price at US$926.14 per tonne, down 3.9% from November. The export duty is set at US$74 per tonne and the export levy at 10% of the reference price.
The government cited falling prices of other vegetable oils and softer buyer demand.
Lower reference prices reduce the duties and levies on Indonesian exports, but the price decline reflects weak global vegetable oil demand, which is bearish for palm oil.
palmoilmagazine.comPalmoilmagazineDec 2, 2025After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
