# Indonesia raises crude palm oil reference price to $954.71/metric ton in September — TradingView News

> Indonesia set its crude palm oil reference price at $954.71 per metric ton for September, up from $910.91 in August, according to a Trade Ministry regulation. The September export tax on crude palm oil rises to $124 per ton from $74, and a separate 10% export levy still applies.

- Date: 2025-08-29 · published 2025-08-29T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/23422-indonesia-raises-crude-palm-oil-reference-price-to-954-71-metric-ton-in
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A higher reference price lifts Indonesian export tax and costs for palm oil exporters, which tends to firm export prices and supports palm as a feedstock competitor to soyoil and meals.

## Read by commodity

- SBO: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-08-14 | [Malaysia Raises Sept Crude Palm Oil Reference Price, Lifting Duty to 10% – MPOC](https://feedsoft.ai/events/15538-malaysia-raises-sept-crude-palm-oil-reference-price-lifting-duty-to-10-mpoc.md) | +0.4% | +1.9% |
| PALMOIL | 2025-09-01 | [Palm Oil Magazine - Indonesia's CPO Reference Price Climbs in September, Export Duty Set at 10% - Palm Oil Magazine](https://feedsoft.ai/events/15532-palm-oil-magazine-indonesia-s-cpo-reference-price-climbs-in-september-export.md) | +2.4% | +1.0% |
| PALMOIL | 2021-08-27 | [Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder](https://feedsoft.ai/events/45440-indonesia-sept-crude-palm-oil-export-reference-price-export-tax-set-higher.md) | -1.4% | +1.9% |
| PALMOIL | 2020-12-03 | [Indonesia Raises Export Levy On Crude Palm Oil From Dec 10 - News - Innoleo](https://feedsoft.ai/events/49524-indonesia-raises-export-levy-on-crude-palm-oil-from-dec-10-news-innoleo.md) | +1.0% | +5.3% |
| 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% |
| SBO | 2021-08-27 | [Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder](https://feedsoft.ai/events/45440-indonesia-sept-crude-palm-oil-export-reference-price-export-tax-set-higher.md) | -1.8% | -4.6% |
| SBO | 2024-10-01 | [Palm bounces back on Indonesia’s October reference price hike - Markets - Business Recorder](https://feedsoft.ai/events/7238-palm-bounces-back-on-indonesia-s-october-reference-price-hike-markets-business.md) | +1.5% | +2.7% |
| SBO | 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) | +5.0% | +20.5% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UL0SR:0-indonesia-raises-crude-palm-oil-reference-price-to-954-71-metric-ton-in-september/

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