Indonesia stuns markets as it widens ban to include CPO, refined palm oil

After 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.

• Jun 30, 2026Indonesia biofuel push adds strain to producers, palm oil markets-0.5%
• Apr 28, 2022Soy oil soars to record as Indonesia expands palm export ban+8.6%
• Jan 18, 2022Indonesia to require palm oil export permits | Reuters+2.6%
• Apr 22, 2022Soyoil surges to record high as Indonesia bans palm oil exports+1.1%
• Jul 31, 2025Indonesia's August CPO Reference Price and Its Implications for Global Palm Oil Markets+1.9%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Jun 30, 2026Indonesia biofuel push adds strain to producers, palm oil markets+1.3%
• Apr 28, 2022Soy oil soars to record as Indonesia expands palm export ban-2.7%
• Jan 18, 2018Indonesia, Malaysia condemn European move to limit palm oil use | Reuters+0.5%
• Apr 22, 2022Soyoil surges to record high as Indonesia bans palm oil exports+3.2%
• Jul 31, 2025Indonesia's August CPO Reference Price and Its Implications for Global Palm Oil Markets-2.0%