# Indonesia export ban traps 290,000 T of palm oil shipments for India  -trade

> About 290,000 tonnes of palm oil shipments bound for India are trapped by Indonesia's widened export ban covering crude and refined palm oil. Indian officials warned of a vegetable oil shortage, and the country is asking for near-record prices for prompt shipments.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/41969-indonesia-export-ban-traps-290-000-t-of-palm-oil-shipments-for-india-trade
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

India is a major edible oil importer, so stranded cargoes and shortage fears support higher palm and other vegetable oil prices as Indian buyers scramble for alternative supply.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-12-01 | [Indonesia postpones palm oil shipments until December in hopes of reducing export taxes](https://feedsoft.ai/events/15507-indonesia-postpones-palm-oil-shipments-until-december-in-hopes-of-reducing.md) | +1.9% | -0.1% |
| PALMOIL | 2020-09-20 | [Indonesia’s palm oil exports rise on higher shipments to China \| Air Freight News](https://feedsoft.ai/events/51202-indonesia-s-palm-oil-exports-rise-on-higher-shipments-to-china-air-freight-news.md) | -3.1% | -2.9% |
| PALMOIL | 2021-02-08 | [Indonesia: Government restricts the export of palm oil-based biodiesel products - Global Trade Alert](https://feedsoft.ai/events/48505-indonesia-government-restricts-the-export-of-palm-oil-based-biodiesel-products.md) | +4.0% | +14.2% |
| PALMOIL | 2019-10-29 | [As India, EU may increase duties, Indonesia eyes China for palm oil export](https://feedsoft.ai/events/56447-as-india-eu-may-increase-duties-indonesia-eyes-china-for-palm-oil-export.md) | +13.0% | +17.4% |
| PALMOIL | 2020-09-24 | [EU’s Trade Policy Review – Indonesia Responds - Indonesia Palm Oil Facts](https://feedsoft.ai/events/51146-eu-s-trade-policy-review-indonesia-responds-indonesia-palm-oil-facts.md) | -0.8% | -0.2% |
| SBO | 2021-02-08 | [Indonesia: Government restricts the export of palm oil-based biodiesel products - Global Trade Alert](https://feedsoft.ai/events/48505-indonesia-government-restricts-the-export-of-palm-oil-based-biodiesel-products.md) | +2.1% | +11.7% |
| SBO | 2020-09-24 | [EU’s Trade Policy Review – Indonesia Responds - Indonesia Palm Oil Facts](https://feedsoft.ai/events/51146-eu-s-trade-policy-review-indonesia-responds-indonesia-palm-oil-facts.md) | +2.1% | +1.6% |
| SBO | 2017-08-25 | [Indonesia faces more barriers in palm oil exports  - Xinhua Silk Road](https://feedsoft.ai/events/69461-indonesia-faces-more-barriers-in-palm-oil-exports-xinhua-silk-road.md) | -0.2% | -2.3% |

## Sources

- reuters.com: https://www.reuters.com/world/india/indonesia-export-ban-traps-290000-t-palm-oil-shipments-india-trade-2022-04-28/

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