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Market players discuss Indonesia's plan to set up the Indonesian Commodity and Minerals Exchange (Icomex) to shift its palm oil trade from price taker to price maker. Analysts note that its ability to influence prices will depend on other factors.
A domestic Indonesian exchange could change how palm oil prices are set, but its effect on global prices remains uncertain and would take time to materialize.
prestasisawit.mpob.gov.myOct 29, 2026After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
