Indonesian Political, Business & Finance News

Geopolitical Situation and High Demand Drive CPO Price Increase

| Source: ANTARA_ID Translated from Indonesian | Trade
Geopolitical Situation and High Demand Drive CPO Price Increase
Image: ANTARA_ID

Employees monitor the process of feeding fresh fruit bunches (TBS) of palm oil into the crude palm oil (CPO) processing machine at PT Karya Tanah Subur in Padang Sikabu Village, Kaway XVI, West Aceh, Aceh, on Wednesday (1/4/2026). The Ministry of Trade has established the CPO reference price for export duties and levies for the period 1-30 April 2026 at 989.63 US dollars per metric tonne (MT), an increase of 50.76 US dollars from the March period of 938.87 US dollars per MT, due to increased demand and the impact of the geopolitical situation in the Middle East.

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