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World's largest palm oil exporter halts shipments for three weeks, lifting all vegetable oils.
WikipediaAfter 1,570 past policy events, PALMOIL moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% over 20.
After 1,419 past policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.
Indonesia's export ban (announced Apr 22, effective Apr 28) drove a price spike, and the sharp 5-day drop into May 10 plausibly reflects the policy's reversal or easing (the ban was lifted May 23 but its removal was signaled around May 9-10) and demand destruction, so the event is a plausible but indirect driver of the decline.
