Indonesia’s September 2026 CPO reference price rose US$10.99 to US$1,007.51 per metric ton, with the government setting the export duty at US$148 per ton and the export levy at 12.5%.
PALMOILMAGAZINE, JAKARTA — Indonesia has set the reference price for crude palm oil (CPO) used to determine export duty and the export levy collected by the Plantation Fund Management Agency (BPDP) at US$1,007.51 per metric ton (MT) for September 1–30, 2026.
The September reference price is US$10.99 per MT, or 1.10%, higher than the August 1–31 reference price of US$996.52 per MT.
Also Read: Indonesia Cuts August CPO Reference Price to USD 996.52/MT as Export Charges Adjust
According to information obtained by PalmOilMagazine from Indonesia’s Ministry of Trade on Wednesday (Sept. 2), Director General of Foreign Trade Tommy Andana said the higher CPO reference price resulted in corresponding changes to the export duty and export levy applicable during September.
“The CPO reference price for September 2026 increased from August. Under the applicable Ministry of Finance regulations, the government imposes a CPO export duty of US$148 per MT and an export levy of 12.5% of the September 2026 CPO reference price, equivalent to US$125.9389 per MT,” Tommy said.
The September CPO export duty is based on Column 8 of Annex C of Ministry of Finance Regulation No. 38/2024, as amended by Regulation No. 68/2025. The export levy is based on Annex A of Ministry of Finance Regulation No. 69/2025, as amended by Regulation No. 9/2026.
Also Read: Indonesia Cuts July 2026 CPO Reference Price to USD 1,000.90 per Ton Amid Weak Global Demand
Reference Price Based on Three Markets
The September CPO reference price was calculated using average CPO prices recorded between July 20 and August 19, 2026, from three reference markets.
The average price on the Indonesian CPO Exchange was US$904.75 per MT, while the Malaysian CPO Exchange recorded an average of US$1,110.27 per MT. The CPO price at Port Rotterdam averaged US$1,548.92 per MT.
Also Read: KPBN Inacom CPO Price Rises to IDR 16,018/Kg on September 1
Under Ministry of Trade Regulation No. 35/2025, when the difference between the average prices from the three reference sources exceeds US$40, the CPO reference price is calculated using the average of the two sources positioned at the median and closest to the median.
Based on this methodology, the September reference price was calculated using the Indonesian and Malaysian CPO market prices. The resulting CPO reference price was set at US$1,007.51 per MT.
Also Read: Indonesia Palm Oil Production Seen Rising to 50.31 Million Tonnes in 2026
Export Duty for Branded RBD Palm Olein
The government also set an export duty for refined, bleached and deodorized (RBD) palm olein sold in branded packaging with a net weight of no more than 25 kilograms.
The product is subject to an export duty of US$33 per MT under Ministry of Trade Decree No. 1778/2026 concerning the list of brands of RBD palm olein in branded packaging with a net weight of up to 25 kg.
Also Read: Malaysia Palm Oil Stocks Hit 2.63 Million Tonnes, but CPO Prices Stay Firm on El Niño Risk
The September 2026 CPO reference price is stipulated under Ministry of Trade Decree No. 1777/2026 concerning Export Reference Prices and Reference Prices for Agricultural and Forestry Products Subject to Export Duty and Public Service Agency Tariffs. (P3)
