# Indonesia Sets November CPO Export Duty at US$124/MT

> 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.

- Date: 2026-11-08 · published 2026-11-08T12:14:12.431Z
- Category: policy · region Southeast Asia · magnitude medium
- Page: https://feedsoft.ai/events/87465-indonesia-sets-november-cpo-export-duty-at-us-124-mt
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-11-26 | [Indonesia Adjusts Export Levies for CPO, Derivatives - The Insiders Stories](https://feedsoft.ai/events/61913-indonesia-adjusts-export-levies-for-cpo-derivatives-the-insiders-stories.md) | -0.5% | +2.0% |
| 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 | 2018-08-02 | [PORAM: Review Malaysia's CPO export duties to level playing field with Indonesia](https://feedsoft.ai/events/63400-poram-review-malaysia-s-cpo-export-duties-to-level-playing-field-with-indonesia.md) | +1.2% | -0.2% |
| PALMOIL | 2026-01-22 | [Palm Oil News - Indonesia Delays B50 Plan, Malaysia Seen More Competitive in CPO Exports](https://feedsoft.ai/events/15502-palm-oil-news-indonesia-delays-b50-plan-malaysia-seen-more-competitive-in-cpo.md) | +1.5% | +4.4% |
| 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% |

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-08-indonesia-reworks-cpo-export-charges-as-prices-s

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