# Indonesia bans palm oil exports

> World's largest palm oil exporter halts shipments for three weeks, lifting all vegetable oils.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: policy · region Southeast Asia
- Page: https://feedsoft.ai/events/20-indonesia-bans-palm-oil-exports
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2022-05-10 | 5 | -10.5% | -3.0 | 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. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-04-25 | [Crude palm oil excluded from Indonesia export ban](https://feedsoft.ai/events/41968-crude-palm-oil-excluded-from-indonesia-export-ban.md) | +1.2% | -1.7% |
| PALMOIL | 2022-04-22 | [Soyoil surges to record high as Indonesia bans palm oil exports](https://feedsoft.ai/events/14040-soyoil-surges-to-record-high-as-indonesia-bans-palm-oil-exports.md) | +1.1% | -2.1% |
| PALMOIL | 2022-04-22 | [Indonesia bans palm oil exports as global food inflation spikes](https://feedsoft.ai/events/41928-indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes.md) | +1.1% | -2.1% |
| PALMOIL | 2023-01-01 | [Indonesia to tighten palm oil exports from January 1](https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1.md) | +4.8% | +1.2% |
| PALMOIL | 2022-04-28 | [Soy oil soars to record as Indonesia expands palm export ban](https://feedsoft.ai/events/41929-soy-oil-soars-to-record-as-indonesia-expands-palm-export-ban.md) | +8.6% | -1.2% |
| SBO | 2022-04-22 | [Soyoil surges to record high as Indonesia bans palm oil exports](https://feedsoft.ai/events/14040-soyoil-surges-to-record-high-as-indonesia-bans-palm-oil-exports.md) | +3.2% | -4.4% |
| SBO | 2022-04-22 | [Indonesia bans palm oil exports as global food inflation spikes](https://feedsoft.ai/events/41928-indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes.md) | +3.2% | -4.4% |
| SBO | 2023-01-01 | [Indonesia to tighten palm oil exports from January 1](https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1.md) | -1.9% | -6.7% |

## Sources

- Wikipedia: https://en.wikipedia.org/wiki/Palm_oil_production_in_Indonesia

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.