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Indonesia set the November 2025 CPO reference price at US$963.75/MT, a slight rise of US$0.14 from October. The government set the export levy at US$124/MT and the export duty at 10% of the reference price, about US$96.37/MT.
Higher Indonesian export levies and duties raise the cost of palm oil exports, supporting palm oil prices and competing vegetable oil demand, which can firm soybean oil and meal-substitute economics for feed buyers.
palmoilmagazine.comPalmoilmagazineOct 31, 2025After 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.
