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Governments across Asia introduced export curbs on farm and energy products in 2022 to limit supply shortfalls and rising prices after the Russia-Ukraine war. Indonesia banned palm oil and related product exports for three weeks in April and May.
India's restrictions on rice, wheat and sugar are also covered.
Multiple export curbs across major exporters tighten global supply of vegetable oils and grains, which supports palm oil and rice prices. Traders face disrupted trade flows and higher prices.
indianexpress.comReutersSep 12, 2022After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
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.
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.
