Indonesia’s Ministry of Trade has set the reference prices for crude palm oil (CPO) and cocoa beans for November 2026, recording month-on-month declines of 6.07% and 7.33% respectively. Despite the price drops, the export levy for both commodities remains unchanged at 12.5%. The price corrections are attributed to global stock levels and market dynamics.
Topic Archives:Commodities
Mercosur-EU Agreement Boosts Brazilian Exports, with Growth of Up to 421% in Select Products
In the first five months of implementation (May–September 2026), the Mercosur-EU trade agreement has driven significant export growth for Brazilian products benefiting from reduced or zero import tariffs. Key products showing gains include electrical transformers, honey, fresh avocados, and corn oil. Year-on-year comparisons with the same period in 2025 show increases of up to 421%.
November 2026: CPO Reference Price and Cocoa Bean Export Price Decline, Other Commodity Export Prices Vary
Indonesia’s Ministry of Trade has set the CPO reference price for November 2026 at USD 978.90/MT, down 6.07% from October 2026, which determines export duties and BPDP levies. The reference price for cocoa beans has also declined, while export prices for other commodities vary. These reference prices directly govern Indonesia’s commodity export duty rates for […]
Announcement of Total Goods Export Quota Volume for 2027
China’s Ministry of Commerce has announced the total export quota quantities for goods in 2027. This sets binding limits on the volume of specific commodities eligible for export in the coming year.
Japan and Germany Sign Joint Declaration of Intent on Critical Minerals Cooperation
Japan’s METI and Germany’s Federal Ministry for Economic Affairs and Energy signed a joint declaration of intent on cooperation in the field of critical minerals. The agreement formalizes bilateral coordination on securing critical mineral supply chains. No further details are available from the snippet.
Conditional Relaxation of Diesel Export Restrictions Within Domestic Supply Stability Limits
South Korea’s trade/industry ministry is conditionally easing restrictions on diesel exports, provided domestic supply is not disrupted. The measure introduces conditional criteria under which diesel export limits will be partially lifted. This represents a specific policy change to existing export control measures on a key commodity.
Indonesia Sets Export Reference Price and Benchmark Price for Gold – Period I November 2026
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 132,756.02/kg for the first half of November 2026, down 1.68% from the second period of October 2026. The reference price (HR) for gold also fell to USD 4,129.18 per troy ounce from USD 4,199.73. These prices are established by ministerial […]
America First Seafood Strategy Charts Course to Restoring U.S. Seafood Dominance
The White House unveiled the America First Seafood Strategy, a whole-of-government plan to revitalize the U.S. fishing industry by removing foreign trade barriers and opening new markets for U.S. seafood exporters. U.S. seafood exports reached $5.53 billion in 2025, a 12% increase. The strategy involves USTR and targets market access improvements for U.S. fishermen.
Germany and Japan Establish Joint Raw Materials Partnership
Germany and Japan have formally established a bilateral raw materials partnership, creating a named bilateral framework for cooperation on critical commodities supply chains. The agreement aims to secure supply of critical raw materials for both countries through joint projects and coordinated policies. Specific sectors and minerals are targeted under the partnership.
Vietnam’s Ministry of Industry and Trade to Allocate 2026 Sugar Import Tariff-Rate Quotas via Auction
Vietnam’s Ministry of Industry and Trade announced the allocation of sugar import tariff-rate quotas for 2026 through an auction mechanism. This affects the volume and access conditions for sugar imports under preferential tariff rates. The move follows established procedures for annual TRQ distribution.