# Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder

> Malaysian palm oil futures slipped on June 1 as Indonesia prepared to resume exports. Traders expected higher global supply as both major producers entered seasonal high output. Indian import base prices were also adjusted, and China's gradual reopening was seen supporting demand.

- Date: 2022-06-01 · published 2022-06-01T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected return of Indonesian exports and seasonal output increases add supply to world markets, pressuring palm oil prices. Improving Chinese demand could partly offset that pressure.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-05-30 | [Palm oil extends losses as uncertainty over Indonesia exports weighs - Markets - Business Recorder](https://feedsoft.ai/events/41500-palm-oil-extends-losses-as-uncertainty-over-indonesia-exports-weighs-markets.md) | +0.0% | -13.0% |
| PALMOIL | 2021-05-31 | [Palm oil falls 2pc as export pace slows, Indonesia taxes weigh - Markets - Business Recorder](https://feedsoft.ai/events/46982-palm-oil-falls-2pc-as-export-pace-slows-indonesia-taxes-weigh-markets-business.md) | -2.0% | -12.6% |
| PALMOIL | 2022-09-22 | [Malaysia’s palm oil stocks could hit 3-1/2-year high as Indonesia boosts exports - Markets - Business Recorder](https://feedsoft.ai/events/15791-malaysia-s-palm-oil-stocks-could-hit-3-1-2-year-high-as-indonesia-boosts.md) | -3.8% | -1.5% |
| PALMOIL | 2024-02-02 | [Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder](https://feedsoft.ai/events/31765-palm-falls-1-on-india-efforts-to-cut-edible-oil-imports-markets-business.md) | +0.6% | +3.9% |
| PALMOIL | 2025-04-08 | [Malaysian palm oil extends losses - Markets - Business Recorder](https://feedsoft.ai/events/9625-malaysian-palm-oil-extends-losses-markets-business-recorder.md) | +0.7% | -4.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40177089

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