# Palm oil posts annual loss after three years of gains - Markets - Business Recorder

> Malaysian palm oil futures rose on Friday as Indonesia prepared to tighten export rules from January 1, allowing fewer shipments abroad per tonne sold domestically. The benchmark March contract still ended 2022 down 11% for the year after three years of gains.

- Date: 2022-12-30 · published 2022-12-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/38332-palm-oil-posts-annual-loss-after-three-years-of-gains-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter Indonesian export ratios reduce global palm supply and support vegetable oil prices, which tends to lift soyoil and meal-linked values. Weak annual performance and forecasts of lower 2023 prices limit the upside.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-10-24 | [Palm oil futures hits highest level in over two years - Markets - Business Recorder](https://feedsoft.ai/events/27954-palm-oil-futures-hits-highest-level-in-over-two-years-markets-business-recorder.md) | +0.5% | +9.7% |
| PALMOIL | 2024-08-31 | [Malaysian palm oil futures log first monthly rise in three months - Markets - Business Recorder](https://feedsoft.ai/events/6163-malaysian-palm-oil-futures-log-first-monthly-rise-in-three-months-markets.md) | +3.9% | +7.1% |
| PALMOIL | 2021-03-17 | [Malaysia maintains April crude palm oil export duty at 8% - Markets - Business Recorder](https://feedsoft.ai/events/47980-malaysia-maintains-april-crude-palm-oil-export-duty-at-8-markets-business.md) | -0.1% | -7.0% |
| PALMOIL | 2024-08-27 | [Palm oil extends gains on Indonesia supply outlook, biodiesel plan - Markets - Business Recorder](https://feedsoft.ai/events/28871-palm-oil-extends-gains-on-indonesia-supply-outlook-biodiesel-plan-markets.md) | +4.2% | +6.5% |
| PALMOIL | 2022-07-13 | [Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder](https://feedsoft.ai/events/15804-palm-rises-on-indonesia-s-biodiesel-mandate-lower-exports-cap-gains-markets.md) | -5.7% | -3.0% |
| SBO | 2024-10-24 | [Palm oil futures hits highest level in over two years - Markets - Business Recorder](https://feedsoft.ai/events/27954-palm-oil-futures-hits-highest-level-in-over-two-years-markets-business-recorder.md) | +2.3% | +4.4% |
| SBO | 2025-01-02 | [Palm oil ends lower after news on Indonesia’s B40 delay - Markets - Business Recorder](https://feedsoft.ai/events/5046-palm-oil-ends-lower-after-news-on-indonesia-s-b40-delay-markets-business.md) | -0.6% | +10.7% |
| SBO | 2024-08-31 | [Malaysian palm oil futures log first monthly rise in three months - Markets - Business Recorder](https://feedsoft.ai/events/6163-malaysian-palm-oil-futures-log-first-monthly-rise-in-three-months-markets.md) | -1.8% | -0.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40217548

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