
Indonesia's Trade Ministry said the October 2025 CPO reference price rose to $963.61 per ton, driven by strong Indian demand that was not matched by production growth. The reference price is based on average prices from August 25 to September 24 and sets the export duty basis.
Robust Indian import demand against tight Indonesian supply supports palm oil prices and underpins export values for buyers of vegetable oil feedstocks.
After 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.