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Indonesia reached a trade deal with the US that sets US tariffs on Indonesian goods at 19%, below the level Jakarta had feared. President Trump was described as a tough negotiator in the talks.
Lower US tariffs on Indonesian goods could support palm oil and other agricultural exports to the US, though the price effect depends on final tariff terms and product coverage.
After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.