Palm oil rises by more than 2% as Indonesia extends export curbs - Markets

After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.

• Jan 30, 2022Indonesia’s palm oil export curbs upend global edible oil markets - Markets - Business Recorder+7.1%
• Feb 10, 2022Palm rises as Indonesia expands export permit requirements - Markets - Business Recorder-0.2%
• Oct 12, 2023Palm oil rises on demand, Indonesia’s move to keep exports flexible - Markets - Business Recorder+3.6%
• Jun 30, 2023Palm rises on higher Indonesian export levy, weak ringgit - Markets - Business Recorder+8.5%
• Aug 27, 2021Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder-1.4%

After 438 past bullish policy events, Crude Oil (WTI) moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Jan 8, 2025Palm fell on export concerns, Indonesia’s biodiesel plans - Markets - Business Recorder+4.3%
• Dec 19, 2022Palm oil firms on higher crude prices, Indonesia’s plan to raise biofuel mandate - Markets - Business Recorder+7.2%
• Mar 30, 2026Palm futures hit 15-month high on Indonesia biodiesel plans, crude rally - Markets - Business Recorder+12.7%
• Oct 21, 2024Palm opens higher, buoyed by stronger crude, Chicago soyoil - Markets - Business Recorder+3.4%
• Aug 19, 2020OPEC+ meets to review compliance with oil cuts - Markets - Business Recorder+0.8%