# Malaysia CPO to be more expensive with MPOB's higher reference price, say analysts

> Malaysia's MPOB raised the crude palm oil reference price by RM126 to RM4,033.51 per tonne. Indonesia's Trade Ministry set its September 16 to 30 CPO reference price at about US$929 per tonne after a lower figure for the earlier period.

- Date: 2026-10-18 · published 2026-10-18T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/528-malaysia-cpo-to-be-more-expensive-with-mpob-s-higher-reference-price-say
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher Malaysian reference prices raise export tax and cost benchmarks for palm oil, supporting vegetable oil prices and feed fat costs.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-07-27 | [Malaysia raises August reference price for CPO export tax while…](https://feedsoft.ai/events/15715-malaysia-raises-august-reference-price-for-cpo-export-tax-while.md) | +0.3% | -3.9% |
| 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 | 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 | 2025-02-06 | [Indonesia’s CPO export levy hike will make Malaysian crude palm oil more competitive: Experts](https://feedsoft.ai/events/15582-indonesia-s-cpo-export-levy-hike-will-make-malaysian-crude-palm-oil-more.md) | +4.4% | +3.3% |
| PALMOIL | 2025-03-19 | [Palm prices end higher due to Indonesia's increased levy and weak Malaysian production](https://feedsoft.ai/events/15576-palm-prices-end-higher-due-to-indonesia-s-increased-levy-and-weak-malaysian.md) | -0.5% | -6.3% |

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/malaysia-cpo-be-more-expensive-mpobs-higher-reference-price-says-analysts

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