# CPO Reference Price Falls in November 2026, Export Levy Set at This Level

> Indonesia's Trade Ministry set the November 2026 CPO reference price at US$978.90 per tonne, down US$63.25 or 6.07% from October. The government set the CPO export duty at US$124 per tonne and the export levy at 12.5% of the reference price, or US$122.36 per tonne.

- Date: 2026-11-03 · published 2026-11-03T15:15:46.108Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/77960-cpo-reference-price-falls-in-november-2026-export-levy-set-at-this-level
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A lower reference price reduces the export levy and duty base, which can ease Indonesian export costs and modestly weigh on palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-12-02 | [Palm Oil Magazine - Indonesia Cuts December CPO Reference Price by 3.9%, Adjusts Export Tax and Levy - Palm Oil Magazine](https://feedsoft.ai/events/15509-palm-oil-magazine-indonesia-cuts-december-cpo-reference-price-by-3-9-adjusts.md) | +0.8% | -0.2% |
| PALMOIL | 2024-01-01 | [Indonesia lowers Jan 1-15 CPO reference price, maintains export tax and levy rate](https://feedsoft.ai/events/15670-indonesia-lowers-jan-1-15-cpo-reference-price-maintains-export-tax-and-levy-rate.md) | -1.4% | +1.5% |
| PALMOIL | 2023-09-17 | [Palm Oil News - CPO Reference Price Gets Cheaper: Hera Are CPO OF and Levy on 16–30 September 2023](https://feedsoft.ai/events/15701-palm-oil-news-cpo-reference-price-gets-cheaper-hera-are-cpo-of-and-levy-on-16.md) | -1.6% | -4.3% |
| PALMOIL | 2025-12-31 | [Palm Oil Magazine - Indonesia Sets January 2026 CPO Reference Price at USD 915.64 per MT - Palm Oil Magazine](https://feedsoft.ai/events/21610-palm-oil-magazine-indonesia-sets-january-2026-cpo-reference-price-at-usd-915-64.md) | +0.5% | +3.2% |
| PALMOIL | 2025-06-26 | [Malaysia cuts July palm oil reference price, export duty falls to 8.5pct](https://feedsoft.ai/events/15552-malaysia-cuts-july-palm-oil-reference-price-export-duty-falls-to-8-5pct.md) | +2.8% | +6.1% |

## Sources

- rctiplus.com: https://www.rctiplus.com/news/detail/idxchannel/5508226/harga-referensi-cpo-turun-di-november-2026--bea-keluarnya-ditetapkan-segini

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