# Palm Oil News - CPO Reference Price Gets increased in September 2024, Out Fee and Export Duties Would be US$ 142 per Ton

> Indonesia raised its September 2024 crude palm oil reference price to US$839.53 per ton from US$820.11, and total export fees and duties are US$142 per ton. The reference price was set from average prices between 25 July and 24 August 2024 across several exchanges.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/6164-palm-oil-news-cpo-reference-price-gets-increased-in-september-2024-out-fee-and
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A higher reference price raises the export levy and duty costs for Indonesian palm oil, which can lift the export price and reduce competitiveness. This supports palm oil prices in global markets.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-04-03 | [Palm Oil News - April 2024, CPO Reference Price Increases: CPO OF and Levy Would Be US$ 142/Ton](https://feedsoft.ai/events/15650-palm-oil-news-april-2024-cpo-reference-price-increases-cpo-of-and-levy-would-be.md) | +0.5% | -4.0% |
| PALMOIL | 2023-11-04 | [Palm Oil News - CPO Reference Price Increased: CPO OF and Levy Would be US$ 93/Ton on 1 - 15 November 2023](https://feedsoft.ai/events/15687-palm-oil-news-cpo-reference-price-increased-cpo-of-and-levy-would-be-us-93-ton.md) | +1.3% | +3.5% |
| PALMOIL | 2024-05-05 | [Palm Oil Magazine - Indonesian CPO Reference Price for May 2024 Period Increases, CPO Out Fee and Levy  set at US$ 142 Per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15647-palm-oil-magazine-indonesian-cpo-reference-price-for-may-2024-period-increases.md) | -0.6% | +6.9% |
| PALMOIL | 2025-09-30 | [Palm Oil Magazine - Indonesia's CPO Reference Price for October 2025 Increases, Government Sets Export Levy at US$ 124/MT and Export Duty 10% - Palm Oil Magazine](https://feedsoft.ai/events/15528-palm-oil-magazine-indonesia-s-cpo-reference-price-for-october-2025-increases.md) | +0.3% | +0.4% |
| PALMOIL | 2026-04-30 | [Palm Oil News - Indonesia Sets May 2026 CPO Reference Price at US$1,049.58/MT, Total Export Levy and Duty Reach US$309.20](https://feedsoft.ai/events/15469-palm-oil-news-indonesia-sets-may-2026-cpo-reference-price-at-us-1-049-58-mt.md) | +0.5% | -1.1% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/14432/cpo-reference-price-gets-increased-in-september-2024--out-fee-and-export-duties-would-be-us--142-per-ton

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