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Indonesia set its crude palm oil reference price for November 16-30, 2023 at US$750.54 per ton, up 0.22% from the prior period. The export levy was held at US$75 per ton and the out fee at US$18 per ton.
The small reference price rise points to steady-to-firm palm prices, with the levy structure unchanged and limited impact on export costs.
en.infosawit.comInfoSAWIT EnglishNov 17, 2023After 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.
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.
