# Palm oil extends losses as uncertainty over Indonesia exports weighs - Markets - Business Recorder

> Malaysian palm oil futures extended losses on May 30 as uncertainty over Indonesian export permits weighed on sentiment. Indonesia's trade ministry said permits could be issued that day, with an initial allocation of 1 million tonnes.

- Date: 2022-05-30 · published 2022-05-30T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/41500-palm-oil-extends-losses-as-uncertainty-over-indonesia-exports-weighs-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected resumption of Indonesian exports, though restricted, pressures palm oil prices lower while soft Malaysian output limits the decline.

## Read by commodity

- 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 | 2022-06-01 | [Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder](https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder.md) | +0.7% | -13.0% |
| PALMOIL | 2022-05-31 | [Palm extends losses - Markets - Business Recorder](https://feedsoft.ai/events/41498-palm-extends-losses-markets-business-recorder.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% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40176576

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