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GAPKI reviewed Indonesia's 2018 palm oil industry, reporting total palm oil exports rose 8% to 34.71 million tonnes. Biodiesel exports jumped 851% to 1.56 million tonnes after Indonesia won an EU anti-dumping case at the WTO.
Strong export growth, especially in biodiesel, signals firm external demand for Indonesian palm oil, which supports global palm prices.
After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.