◂ Event Timeline

Sep 17, 2023POLICYIndonesia

Palm Oil News - CPO Reference Price Gets Cheaper: Hera Are CPO OF and Levy on 16–30 September 2023

Indonesia's crude palm oil reference price for September 16-30, 2023 is US$798.83 per tonne, down US$6.37 or 0.79% from US$805.20 in the prior period. The reference sets the export levy and out fee.

WHY IT MATTERS

A slightly lower reference price trims the export levy base and reflects softer export values. The move is small.

AFFECTSPalm Oil▼

SOURCE
en.infosawit.comSep 17, 2023

Price reaction & history

Palm Oil▼bearishSO FAR1d -1.0%5d -1.6%20d -4.3%

After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.

Sep 19, 2023Palm Oil Magazine - CPO Reference Price Declines, Following are CPO OF and Levy Rates for the period 16 to 30 September 2023 - Palm Oil Magazine-0.4%
Jan 1, 2024Palm Oil Magazine - CPO Reference Price for the Period of January 1 to 15, 2024 Declines: CPO Out Fee and Levy US$93 Per Ton - Palm Oil Magazine-1.4%
Dec 2, 2025Palm Oil Magazine - Indonesia Cuts December CPO Reference Price by 3.9%, Adjusts Export Tax and Levy - Palm Oil Magazine+0.8%
Dec 31, 2025Palm Oil Magazine - Indonesia Sets January 2026 CPO Reference Price at USD 915.64 per MT - Palm Oil Magazine+0.5%
May 15, 2023Indonesia sets May 16-31 crude palm oil reference price at $893.23/t - Markets - Business Recorder-2.2%

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.

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