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Indonesia plans to require all crude palm oil exports to go through a futures exchange starting in June to create a domestic benchmark price. The regulator says the move aims to improve transparency and avoid repeats of the 2022 export ban.
Nearly all current CPO shipments are sold directly to buyers.
A more transparent export regime could reduce the risk of abrupt export bans, easing supply uncertainty for palm oil buyers.
businesstimes.com.sgMar 17, 2023After 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.
