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An NPR explainer examines why palm oil prices rose before the Ukraine war, focusing on Indonesian President Widodo's domestic price stabilization efforts. It notes that the April export ban pushed global palm prices higher.
Indonesian domestic policy interventions have been a major driver of global palm oil price volatility, underscoring policy risk for vegetable oil supply.
npr.orgPaddy HirschMay 5, 2022After 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.
