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Indonesia raised its September 2025 crude palm oil reference price to US$954.71/MT, up 4.81% from August. The government kept the export levy at US$124/MT and the export duty at 10%, equal to US$95.47/MT.
A higher reference price increases the export duty burden on Indonesian CPO, tightening export economics and supporting global palm oil prices.
After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.