# The rise in palm oil prices, and what Indonesia has to do with it : The Indicator from Planet Money : NPR

> 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.

- Date: 2022-05-05 · published 2022-05-05T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41499-the-rise-in-palm-oil-prices-and-what-indonesia-has-to-do-with-it-the-indicator
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Indonesian domestic policy interventions have been a major driver of global palm oil price volatility, underscoring policy risk for vegetable oil supply.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-08-06 | [Global palm oil prices set to rise on Indonesia's biodiesel mandate](https://feedsoft.ai/events/63406-global-palm-oil-prices-set-to-rise-on-indonesia-s-biodiesel-mandate.md) | +1.8% | +0.9% |
| PALMOIL | 2022-03-09 | [Malaysia plantations to profit as CPO prices widen from Indonesia: Maybank - The Business Times](https://feedsoft.ai/events/42378-malaysia-plantations-to-profit-as-cpo-prices-widen-from-indonesia-maybank-the.md) | -2.3% | -9.2% |
| PALMOIL | 2020-02-26 | [Indonesia Considers To Rise Palm Oil Export Levies - The Insiders Stories](https://feedsoft.ai/events/5820-indonesia-considers-to-rise-palm-oil-export-levies-the-insiders-stories.md) | -6.0% | -13.8% |
| PALMOIL | 2016-11-25 | [Palm oil demand from Indonesia biodiesel sector to surge by 2020](https://feedsoft.ai/events/73756-palm-oil-demand-from-indonesia-biodiesel-sector-to-surge-by-2020.md) | +3.8% | +5.0% |
| PALMOIL | 2023-03-03 | [The B35 programme makes Indonesia a barometer of world palm oil price](https://feedsoft.ai/events/15747-the-b35-programme-makes-indonesia-a-barometer-of-world-palm-oil-price.md) | -2.5% | -7.8% |

## Sources

- npr.org: https://www.npr.org/2022/05/05/1096985719/the-palm-oil-price-mystery

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