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Malaysia is considering a ban on palm oil exports to the European Union, as its exports to the bloc fell 10% in 2022 to 1.47 million tonnes. That volume is down 40% from 2.43 million tonnes in 2015, according to Malaysian Palm Oil Board data.
A possible EU export ban would remove a market for Malaysian palm oil, potentially redirecting supply and affecting prices, though the effect depends on policy decisions.
reuters.comMei Mei ChuJan 13, 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.
