Palm jumps 3% on boost to Chinese import margins from recent weak prices - Markets

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, 2023Palm rises on higher Indonesian export levy, weak ringgit - Markets - Business Recorder+8.5%
• Dec 19, 2022Palm oil firms on higher crude prices, Indonesia’s plan to raise biofuel mandate - Markets - Business Recorder-0.6%
• Oct 1, 2024Palm bounces back on Indonesia’s October reference price hike - Markets - Business Recorder+9.3%
• Aug 27, 2021Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder-1.4%
• Jul 13, 2022Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder-5.7%

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.

• Jul 13, 2022Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder+0.0%
• Aug 26, 2024Palm oil climbs to one-month high on Indonesia’s tax, biodiesel plans - Markets - Business Recorder+3.3%
• Oct 24, 2024Palm oil futures hits highest level in over two years - Markets - Business Recorder+2.3%
• Feb 10, 2022Palm rises as Indonesia expands export permit requirements - Markets - Business Recorder+0.3%
• Aug 31, 2024Malaysian palm oil futures log first monthly rise in three months - Markets - Business Recorder-1.8%