Indonesia has raised the October 2026 CPO reference price by 3.44% to USD 1,042.15 per metric ton, setting the export duty at USD 178 and the export levy at USD 130.269 per metric ton.
PALMOILMAGAZINE, JAKARTA — Indonesia has set the reference price for crude palm oil (CPO) at USD 1,042.15 per metric ton for the October 1–31, 2026 period, up USD 34.64, or 3.44%, from USD 1,007.51 per metric ton in September.
The reference price will be used to calculate Indonesia’s CPO export duty and export levy for October.
Also Read: Indonesia Raises September CPO Reference Price 1.10% to US$1,007.51/MT
Director General of Foreign Trade at the Ministry of Trade Tommy Andana said the government has set the CPO export duty at USD 178 per metric ton and the export levy at 12.5% of the reference price, equivalent to USD 130.269 per metric ton.
“The CPO reference price for October 2026 has increased compared with September 2026. Based on the applicable Finance Ministry regulation, the government has imposed a CPO export duty of USD 178 per metric ton and an export levy of 12.5% of the CPO reference price, or USD 130.269 per metric ton, for October 2026,” Tommy said in a statement cited on Thursday (Oct. 1).
Also Read: KPBN Inacom CPO Price Falls to IDR 14,921/kg Wednesday, Sept. 30, as Rotterdam Prices Move Mixed
Three Price Sources Used
Tommy said the October CPO reference price was determined using average CPO prices recorded from Aug. 20 to Sept. 19, 2026, across three benchmark sources.
The Indonesian CPO exchange recorded an average price of USD 938.89 per metric ton, while the Malaysian CPO exchange averaged USD 1,145.42 per metric ton. Rotterdam’s CPO price averaged USD 1,526.56 per metric ton.
Also Read: Malaysia CPO Falls 5.76% in September as KPBN Price Drops to IDR 14,921/kg
The wide gap among the three price sources triggered a specific calculation method under Indonesia’s trade regulations.
Under Trade Ministry Regulation No. 35 of 2025, when the difference between the average prices from the three sources exceeds USD 40 per metric ton, the CPO reference price is calculated using the average of the two sources whose prices are closest to the median.
Based on that provision, the Indonesian and Malaysian CPO exchanges were used to determine the October reference price.
The resulting CPO reference price was set at USD 1,042.15 per metric ton.
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CPO Export Duty Set at USD 178/MT
For October 2026, Indonesia has set the CPO export duty at USD 178 per metric ton.
The rate refers to Column 9 of Appendix C of Finance Ministry Regulation No. 38 of 2024, as amended by Finance Ministry Regulation No. 68 of 2025.
The CPO export levy, meanwhile, is set at 12.5% of the reference price, equivalent to USD 130.269 per metric ton.
The levy provision refers to Appendix A of Finance Ministry Regulation No. 69 of 2025, as amended by Finance Ministry Regulation No. 9 of 2026.
Also Read: Indonesia Cuts August CPO Reference Price to USD 996.52/MT as Export Charges Adjust
Branded Cooking Oil Subject to USD 48/MT Export Duty
The government has also set an export duty for refined, bleached and deodorized (RBD) palm olein packed in branded containers with a net weight of no more than 25 kilograms.
The product will be subject to an export duty of USD 48 per metric ton.
Also Read: Indonesia Cuts July 2026 CPO Reference Price to USD 1,000.90 per Ton Amid Weak Global Demand
The provision is stipulated in Trade Ministry Decree No. 1922 of 2026 concerning the list of brands of RBD palm olein packed in branded containers with a net weight of up to 25 kilograms.
The determination of the CPO reference price, as well as export reference prices and export benchmark prices for certain agricultural and forestry commodities subject to export duties and public service agency levies, is set out in Trade Ministry Decree No. 1921 of 2026. (P3)
