Palm Oil Rises After Indonesia Raises Export Tax, Biodiesel Use

After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.

• Feb 6, 2020Indonesia’s biodiesel thirst may weaken palm oil exports-2.7%
• Jun 29, 2021Indonesia Revises Palm Oil Export Levy While Safeguarding Biodiesel Funding - Media Biodiesel+4.0%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate+1.8%
• Feb 28, 2024Indonesia palm oil firms warn of food security risks as biodiesel use rises - Nikkei Asia+3.1%
• Jul 17, 2022Indonesia Waives Palm Oil Export Levy through 31 August 2022 - Media Biodiesel+1.7%

After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Jul 4, 2022Palm oil extends losses as Indonesia mulls raising export quota-4.8%
• Feb 11, 2026Indonesia biodiesel pause, rising output seen limiting palm oil gains | Reuters+1.8%
• Jun 16, 2022Laman Web Rasmi KPK - SAWIT: Indonesia cuts max palm oil export levy to US$200, but to rise in August-8.2%
• Oct 7, 2022Indonesia to extend export levy waiver on palm oil to year-end | FEAG+1.8%
• Aug 29, 2022Indonesia extends zero export levy on palm oil - ANTARA News-0.3%

After 442 past bullish policy events, BRENT moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.

• Jul 8, 2026US diesel futures post biggest daily gains in four years after Russia bans exports | Reuters+15.4%
• Jul 24, 2018France's Avril Raises Biodiesel Output On Higher Oil Prices, Demand+2.4%
• Dec 1, 2021Oil rises 3% to one-week high after U.S. taps emergency reserves+6.8%
• Jul 14, 2026Global diesel market tightens as Russian export ban, Ukraine strikes bite | S&P Global+6.8%
• Jul 9, 2026Russia Diesel Export Ban: Price Impact & Trade Shifts Russia's diesel export ban adds fresh fuel to rising prices | Kpler - Jul 09, 2026+8.7%