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Indonesia's December palm oil exports reached 2.62 million tonnes, an 18-month high, according to Intertek data. The jump was led by India and the subcontinent, helped by lower export taxes that improved palm's competitiveness.
Strong Indonesian shipments, especially to India, tighten palm supply and support prices, while lower export taxes make palm more competitive against rival oils.
After 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.
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.