# Palm Oil News - CPO RP Got Better: CPO OF and Levy Would be US$ 93/Ton on 16 - 30 November 2023

> 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.

- Date: 2023-11-17 · published 2023-11-17T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15689-palm-oil-news-cpo-rp-got-better-cpo-of-and-levy-would-be-us-93-ton-on-16-30
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The small reference price rise points to steady-to-firm palm prices, with the levy structure unchanged and limited impact on export costs.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-11-04 | [Palm Oil News - CPO Reference Price Increased: CPO OF and Levy Would be US$ 93/Ton on 1 - 15 November 2023](https://feedsoft.ai/events/15687-palm-oil-news-cpo-reference-price-increased-cpo-of-and-levy-would-be-us-93-ton.md) | +1.3% | +3.5% |
| PALMOIL | 2024-02-02 | [Palm Oil News - Palm Oil OF and Levy in February 2024 Would be US$ 118 per Ton](https://feedsoft.ai/events/15664-palm-oil-news-palm-oil-of-and-levy-in-february-2024-would-be-us-118-per-ton.md) | +0.6% | +3.9% |
| PALMOIL | 2024-04-03 | [Palm Oil News - April 2024, CPO Reference Price Increases: CPO OF and Levy Would Be US$ 142/Ton](https://feedsoft.ai/events/15650-palm-oil-news-april-2024-cpo-reference-price-increases-cpo-of-and-levy-would-be.md) | +0.5% | -4.0% |
| PALMOIL | 2024-09-05 | [Palm Oil News - CPO Reference Price Gets increased in September 2024, Out Fee and Export Duties Would be US$ 142 per Ton](https://feedsoft.ai/events/6164-palm-oil-news-cpo-reference-price-gets-increased-in-september-2024-out-fee-and.md) | +0.4% | +12.0% |
| PALMOIL | 2023-07-02 | [Palm Oil Magazine - CPO Reference Price Rises 3.19%: CPO OF and Levy on 1 - 15 July 2023 - Palm Oil Magazine](https://feedsoft.ai/events/15721-palm-oil-magazine-cpo-reference-price-rises-3-19-cpo-of-and-levy-on-1-15-july.md) | +10.3% | +12.9% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/12958/cpo-rp-got-better--cpo-of-and-levy-would-be-us--93-ton-on-16---30-november-2023

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