# Palm Oil Magazine - CPO Reference Price Strengthens, Export Duties and Export Levy Tariffs for April 2024 Period Set at USD 142 per MT - Palm Oil Magazine

> Indonesia's Trade Ministry set the April 2024 CPO reference price at US$857.62/MT, up US$58.72 from March. The export duty is US$52/MT and the export levy is US$90/MT, because the reference price exceeded the US$680 threshold.

- Date: 2024-04-02 · published 2024-04-02T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15651-palm-oil-magazine-cpo-reference-price-strengthens-export-duties-and-export-levy
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Export duties and levies are set off the reference price, so the reset changes Indonesian export costs. This feeds into world palm oil pricing and competing vegetable oil demand.

## Read by commodity

- SBO: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-05-05 | [Palm Oil Magazine - Indonesian CPO Reference Price for May 2024 Period Increases, CPO Out Fee and Levy  set at US$ 142 Per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15647-palm-oil-magazine-indonesian-cpo-reference-price-for-may-2024-period-increases.md) | -0.6% | +6.9% |
| PALMOIL | 2024-07-03 | [Palm Oil Magazine - CPO Reference Price Escalates: OF and Levy Set at US$ 118 per Ton for July 2024 - Palm Oil Magazine](https://feedsoft.ai/events/15634-palm-oil-magazine-cpo-reference-price-escalates-of-and-levy-set-at-us-118-per.md) | -3.1% | -2.0% |
| 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 | 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 | 2025-10-31 | [Palm Oil Magazine - CPO Reference Price Rises Slightly, Indonesia Sets November 2025 Export Levy at US$124/MT - Palm Oil Magazine](https://feedsoft.ai/events/15521-palm-oil-magazine-cpo-reference-price-rises-slightly-indonesia-sets-november.md) | -5.6% | -5.9% |
| SBO | 2025-09-30 | [Palm Oil Magazine - Indonesia's CPO Reference Price for October 2025 Increases, Government Sets Export Levy at US$ 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) | +2.2% | +2.9% |
| SBO | 2023-06-02 | [Palm Oil News - CPO Reference Price Gets Cheaper on 1 - 15 June: OF and Levy Are US$ 116 Per Ton](https://feedsoft.ai/events/15728-palm-oil-news-cpo-reference-price-gets-cheaper-on-1-15-june-of-and-levy-are-us.md) | +5.0% | +20.5% |
| SBO | 2026-03-07 | [Palm Oil Magazine - Indonesia Adjusts Palm Oil Export Levy to Strengthen Sustainable Plantations and Energy Self-Sufficiency - Palm Oil Magazine](https://feedsoft.ai/events/15487-palm-oil-magazine-indonesia-adjusts-palm-oil-export-levy-to-strengthen.md) | -0.7% | -1.2% |

## Sources

- palmoilmagazine.com: https://www.palmoilmagazine.com/cpo-export/2024/04/02/cpo-reference-price-strengthens-export-duties-and-export-levy-tariffs-for-april-2024-period-set-at-usd-142-per-mt/

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