Loading…
Indonesia set its November crude palm oil export duty at US$124 per tonne after lowering the reference price used to calculate the charge. The article also cites high Malaysian inventories, increased production and lower exports alongside a steep weekly fall in Malaysian benchmark prices.
A lower reference price reduces the per-tonne export tax and can make Indonesian shipments more competitive, adding pressure to competing supplies and prices. High Malaysian stocks and weaker exports reinforce the bearish supply backdrop.
palmoileconomics.comNov 8, 2026After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
