# USDA sees uptick in Indonesia's palm oil exports in 2021-22

> The USDA Foreign Agricultural Service forecasts Indonesia's palm oil exports will rise by 1.5 million tonnes to 29.5 million tonnes in the 2021-22 marketing year. Global annual production is expected to rise 3.7%, with China and the EU ramping up imports. Malaysia's labor problems are expected to ease in 2022.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/47189-usda-sees-uptick-in-indonesia-s-palm-oil-exports-in-2021-22
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher Indonesian output and exports, plus lower expected prices, point to a more plentiful palm oil supply and softer prices. Stronger import demand from China and the EU partly offsets this.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-25 | [Indonesia`s Palm Oil Exports Dropped in Q1 2018 - The Insiders Stories](https://feedsoft.ai/events/64892-indonesia-s-palm-oil-exports-dropped-in-q1-2018-the-insiders-stories.md) | -0.1% | -5.1% |
| PALMOIL | 2017-08-03 | [Indonesia's palm oil exports to hit record in 2017-2018 \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/69562-indonesia-s-palm-oil-exports-to-hit-record-in-2017-2018-agrifish-post-online.md) | -0.6% | +1.3% |
| PALMOIL | 2022-03-24 | [Indonesian palm oil output, exports to hit record high in 2022-23 - Grain Price News](https://feedsoft.ai/events/15835-indonesian-palm-oil-output-exports-to-hit-record-high-in-2022-23-grain-price.md) | -0.9% | -4.0% |
| PALMOIL | 2017-02-03 | [Powerful lobby sought to ease Indonesia palm oil exports - Business - The Jakarta Post](https://feedsoft.ai/events/12324-powerful-lobby-sought-to-ease-indonesia-palm-oil-exports-business-the-jakarta.md) | +0.7% | -7.2% |
| PALMOIL | 2018-09-28 | [M'sian palm oil stocks at end 2018 seen at 3.3mil tonnes; Indonesian 2018 palm output at 40mil tonnes \| The Star](https://feedsoft.ai/events/7622-m-sian-palm-oil-stocks-at-end-2018-seen-at-3-3mil-tonnes-indonesian-2018-palm.md) | +0.3% | -0.9% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/051221-usda-sees-uptick-in-indonesias-palm-oil-exports-in-2021-22

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