Indonesia's Trade Ministry set the November 2025 crude palm oil reference price at US$963.75 per tonne, up US$0.14 from October. The ministry set the export duty at US$124 per tonne and the levy at 10% of the reference price, and cited the planned B50 biodiesel rollout as a support factor.
The reference price sets Indonesia's export duties and levies, and the change this month is negligible, so it signals little new price pressure on palm oil.
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.