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Malaysia banned chicken exports in June 2022 to address domestic prices, and Indonesia lifted its crude palm oil export ban in May before scrapping its levy until end-August. Analysts expect high cooking oil and chicken prices to persist in the region in the coming weeks.
Export restrictions and levy changes in the two largest palm oil exporters reshape regional supply flows and keep palm oil prices supported. Poultry export curbs also affect feed demand for regional chicken production.
doi.orgJul 22, 2022After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
Not enough comparable past events yet for a historical read.
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.
