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Indonesia set its February 2025 crude palm oil reference price at US$955.44 per tonne, down 9.82% from January. The export duty was set at US$124 per tonne and the export levy at 7.5%, totaling US$195.66 per tonne.
The reference price is approaching the US$680 threshold for the duty.
Lower reference prices reduce the duty and levy, which can modestly ease Indonesian export costs and support export competitiveness.
palmoilmagazine.comPalmoilmagazineFeb 1, 2025After 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.
