NewsSignals AI analysis·Reuters·Oct 29, 2026

Indonesia sets November crude palm oil reference price at $978.90 per ton

Grade Bbullish AI signal

Indonesia set its November crude palm oil reference price at $978.90 per metric ton, lowering the applicable export tax to $124 per ton from $178 previously. The country also maintains a separate 12.5% export levy on crude palm oil, meaning exporters will continue to face additional charges. The lower export tax could ease cost pressure on Indonesian palm oil exporters and may influence export flows and global vegetable oil market dynamics.

Bullish strength: 60/100

Indonesia's crude palm oil export tax falls to $124 per ton from $178 previously.
The lower tax could reduce export costs for Indonesian crude palm oil sellers.

Bearish strength: 40/100

A separate 12.5% export levy on crude palm oil remains in place.
The reference price is set at $978.90 per metric ton, but the article provides no evidence of an actual market price increase or demand improvement.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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