# Palm Oil News - CPO Reference Price Increases: The government Decided OF Remains the Same and Palm Oil Tax US$ 375/ton

> Indonesia's February 2022 CPO reference price rose to US$1,314.78 per tonne, up 0.54% from January. The government kept the export levy at US$200 per tonne and set the export tax at US$175 per tonne. Officials cited intense rain, labour shortages and higher crude oil prices as factors behind the price rise.

- Date: 2022-02-03 · published 2022-02-03T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15847-palm-oil-news-cpo-reference-price-increases-the-government-decided-of-remains
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Export levies and taxes set by the reference price change the cost of exporting Indonesian palm oil and influence the price gap between domestic and world markets.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 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) | -0.1% | +7.1% |
| PALMOIL | 2023-04-04 | [Palm Oil News - CPO Reference Price on 1 - 15 April 2023 Gets Cheaper: CPO OF and Levy Would be US$ 169/ton](https://feedsoft.ai/events/15743-palm-oil-news-cpo-reference-price-on-1-15-april-2023-gets-cheaper-cpo-of-and.md) | -0.5% | -12.2% |
| PALMOIL | 2023-08-03 | [Palm Oil Magazine - August 2023 Sees a 4.48% Improvement in CPO Reference Price: CPO OF and Levy Stand at US$ 118 Per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15709-palm-oil-magazine-august-2023-sees-a-4-48-improvement-in-cpo-reference-price.md) | -4.0% | -3.5% |
| PALMOIL | 2025-02-01 | [Palm Oil Magazine - Indonesia's CPO Reference Price in February 2025 Decreases, Export Duty and Levy Set at US$ 195.66 per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15584-palm-oil-magazine-indonesia-s-cpo-reference-price-in-february-2025-decreases.md) | +3.6% | +3.5% |
| PALMOIL | 2023-10-02 | [Palm Oil Magazine - CPO Reference Price Up in October 2023, CPO OF and Levy Stay Consistent - Palm Oil Magazine](https://feedsoft.ai/events/15694-palm-oil-magazine-cpo-reference-price-up-in-october-2023-cpo-of-and-levy-stay.md) | -4.8% | -3.5% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/9441/cpo-reference-price-increases--the-government-decided-of-remains-the-same-and-palm-oil-tax-us--375-ton

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