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Indonesia exported 2.06 million metric tons of crude and refined palm oil in February, the highest since October and up 45.1% from a year earlier. The export surge followed a tax cut that made Indonesian palm oil cheaper to ship.
Strong export volumes add supply to the global vegetable oil market, which is bearish for palm oil prices unless offset by demand.
reuters.comBernadette Christina, Rajendra JadhavMar 17, 2025After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% 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.
