Indonesia’s Ministry of Trade has set the June 2026 reference price (Harga Referensi) for crude palm oil (CPO) at USD 1,029.51/MT, down 1.91% from May 2026, which affects export duty and palm oil fund levy calculations. Export reference prices (HPE) for cocoa beans and pine resin are set higher, while leather product prices remain unchanged […]
Country/Institution Archives:Indonesia
USD Strengthening Drives Correction in Gold Export Reference Price for June 2026 Period I
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 148,396.49/kg for the first period of June 2026, down 1.43% from USD 150,555.29/kg in the second period of May 2026. The reference price (HR) also fell to USD 4,615.65 per troy ounce from USD 4,682.80. These rates are established under […]
Second Period May 2026: Global Gold Price Correction Triggers Decline in Gold Export Reference Price and Reference Price
Indonesia’s Ministry of Trade has set the gold export benchmark price (HPE) at USD 150,555.29/kg, down 1.72% from the previous period, and the reference price (HR) at USD 4,682.80/troy ounce for the second period of May 2026. These are formalized in Ministerial Decree No. 1343 of 2026. The adjustments reflect corrections in global gold prices.
Indonesian Trade Ministry Working Meeting with Parliament on Indonesia-Canada CEPA Ratification
Trade Minister Budi Santoso held a working meeting with Parliamentary Commission VI regarding the ratification plan for the Indonesia-Canada Comprehensive Economic Partnership Agreement (CEPA). The session focused on legislative approval of the bilateral trade pact.
Trade Minister Discusses Indonesia-Canada CEPA at DPR Commission VI Working Meeting, Cites Expanded North American Export Opportunities
Indonesian Trade Minister Budi Santoso presented the Indonesia-Canada CEPA to the DPR Commission VI, stating the agreement will strengthen Indonesian products’ market access to Canada and support distribution into the broader North American market. The discussion occurred amid rising global geopolitical uncertainty and trade protectionism. The minister expressed hope the cooperation framework would boost Indonesian […]