# Palm extends losses - Markets - Business Recorder

> Malaysian palm oil futures fell for a second day on May 31 as Indonesia prepared to issue its first export permits since lifting the ban. Indonesia plans to initially allocate 1 million tonnes of exports, versus typical monthly shipments of about 3 million tonnes.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/41498-palm-extends-losses-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Calibrated resumption of Indonesian exports with mandatory domestic sales eases global palm supply concerns, pressuring palm and related vegetable oil prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 2020-08-14 | [Palm oil logs 2.5 percent weekly fall - Markets - Business Recorder](https://feedsoft.ai/events/51738-palm-oil-logs-2-5-percent-weekly-fall-markets-business-recorder.md) | +1.1% | +4.9% |
| PALMOIL | 2018-08-19 | [Vegetable Oil - Markets - Business Recorder](https://feedsoft.ai/events/63615-vegetable-oil-markets-business-recorder.md) | -0.2% | -0.6% |
| PALMOIL | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +1.4% | +6.9% |
| SBO | 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) | +2.0% | +5.2% |
| SBO | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +0.7% | -3.5% |
| SBO | 2021-08-18 | [Palm oil slides nearly 3% on bleak export outlook - Markets - Business Recorder](https://feedsoft.ai/events/45436-palm-oil-slides-nearly-3-on-bleak-export-outlook-markets-business-recorder.md) | -5.7% | -10.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40176716

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