Government sets the reference prices for crude palm oil (CPO) dan derivative products for export at US$782.03 per metric ton (MT). The benchmark price rose 1.70% compared to October at $768.98 MT of CPO. Government then put an export levy $3 per MT in November 2020.
The reference price for cocoa beans in November 2020 was $2,482.63 a MT, or down 3.66% from the previous month. This has an impact on the decline in the benchmark price of cocoa beans in November to $2,195 a MT, down 4.06% from previous month.