# Indonesia's August CPO Reference Price and Its Implications for Global Palm Oil Markets

> Indonesia set its August 2025 crude palm oil reference price at $872.27 per tonne, which raises the export tax to $52 per tonne. Export duties on refined products also rose, while the biodiesel levy was temporarily suspended to reduce inventories.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15543-indonesia-s-august-cpo-reference-price-and-its-implications-for-global-palm-oil
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher export taxes make Indonesian palm oil dearer on world markets and can reduce export volumes, which supports global palm and other vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-03-31 | [Palm Oil Magazine - Indonesia Sets CPO Reference Price for April 2026 at USD 989.63/MT, Export Duty Increases - Palm Oil Magazine](https://feedsoft.ai/events/20270-palm-oil-magazine-indonesia-sets-cpo-reference-price-for-april-2026-at-usd-989.md) | +4.0% | +1.6% |
| PALMOIL | 2026-02-01 | [Palm Oil Magazine - Indonesia Raises February CPO Reference Price, Export Duty and Levy Increase - Palm Oil Magazine](https://feedsoft.ai/events/15492-palm-oil-magazine-indonesia-raises-february-cpo-reference-price-export-duty-and.md) | +3.3% | +4.0% |
| PALMOIL | 2025-09-30 | [Palm Oil Magazine - Indonesia's CPO Reference Price for October 2025 Increases, Government Sets Export Levy at US$ 124/MT and Export Duty 10% - Palm Oil Magazine](https://feedsoft.ai/events/15528-palm-oil-magazine-indonesia-s-cpo-reference-price-for-october-2025-increases.md) | +0.3% | +0.4% |
| PALMOIL | 2021-08-27 | [Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder](https://feedsoft.ai/events/45440-indonesia-sept-crude-palm-oil-export-reference-price-export-tax-set-higher.md) | -1.4% | +1.9% |
| PALMOIL | 2019-11-03 | [Indonesia's Biofuel Plan Will Impact Global Palm Oil Price, Analysts Say](https://feedsoft.ai/events/4288-indonesia-s-biofuel-plan-will-impact-global-palm-oil-price-analysts-say.md) | +4.7% | +10.9% |
| SBO | 2019-11-03 | [Indonesia's Biofuel Plan Will Impact Global Palm Oil Price, Analysts Say](https://feedsoft.ai/events/4288-indonesia-s-biofuel-plan-will-impact-global-palm-oil-price-analysts-say.md) | +1.5% | -3.4% |
| SBO | 2024-02-08 | [Indonesia sets CPO reference price for February at US$806.40/tonne](https://feedsoft.ai/events/15662-indonesia-sets-cpo-reference-price-for-february-at-us-806-40-tonne.md) | +3.0% | -2.1% |
| SBO | 2022-01-30 | [Indonesia’s palm oil export curbs upend global edible oil markets - Markets - Business Recorder](https://feedsoft.ai/events/8091-indonesia-s-palm-oil-export-curbs-upend-global-edible-oil-markets-markets.md) | +2.2% | +8.1% |

## Sources

- ainvest.com: https://www.ainvest.com/news/indonesia-august-cpo-reference-price-implications-global-palm-oil-markets-2507/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.