# Harga CPO Melemah

> Indonesia's reference price for crude palm oil fell to US$678.18 per tonne for July 2018, below the US$750 threshold, so no export levy will be collected for July. The trade ministry announced the decision on June 27 amid a trade deficit of US$1.52 billion in May.

- Date: 2018-06-27 · published 2018-06-27T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/64408-harga-cpo-melemah
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weaker CPO prices remove the export levy and signal softer palm export values, which tends to pressure palm oil prices and competing vegetable oil prices.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-09-19 | [Harga CPO Bervariasi Gara-gara Beragam Sentimen](https://feedsoft.ai/events/15704-harga-cpo-bervariasi-gara-gara-beragam-sentimen.md) | -0.4% | -3.1% |
| PALMOIL | 2022-07-03 | [Harga CPO Belum Bangkit, Jurus Luhut Ditunggu Raja Sawit](https://feedsoft.ai/events/6222-harga-cpo-belum-bangkit-jurus-luhut-ditunggu-raja-sawit.md) | -10.8% | -14.1% |
| PALMOIL | 2025-01-01 | [Penurunan harga CPO karena permintaan dan produksi tidak seimbang - ANTARA News](https://feedsoft.ai/events/5047-penurunan-harga-cpo-karena-permintaan-dan-produksi-tidak-seimbang-antara-news.md) | -10.6% | -10.3% |
| PALMOIL | 2026-10-20 | [CPO export tax waiver could help Malaysia regain market share from Indonesia](https://feedsoft.ai/events/15439-cpo-export-tax-waiver-could-help-malaysia-regain-market-share-from-indonesia.md) | -0.2% | — |
| PALMOIL | 2016-12-29 | [CPO futures as hedging mechanism following planned EU palm oil ban \| The ASEAN Post](https://feedsoft.ai/events/73575-cpo-futures-as-hedging-mechanism-following-planned-eu-palm-oil-ban-the-asean.md) | -1.2% | -0.1% |
| SBO | 2021-02-10 | [Astra: Pungutan ekspor buat perusahaan tak nikmati tingginya harga CPO - ANTARA News](https://feedsoft.ai/events/48500-astra-pungutan-ekspor-buat-perusahaan-tak-nikmati-tingginya-harga-cpo-antara.md) | +1.4% | +17.4% |
| SBO | 2018-05-06 | [Likely drag on CPO prices \| The Star](https://feedsoft.ai/events/64886-likely-drag-on-cpo-prices-the-star.md) | +2.0% | +1.2% |
| SBO | 2025-02-03 | [Argentina’s meal market remains slow despite export tax cut](https://feedsoft.ai/events/13880-argentina-s-meal-market-remains-slow-despite-export-tax-cut.md) | -0.9% | +0.0% |

## Sources

- kompas.id: https://www.kompas.id/artikel/harga-cpo-melemah-2

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