# Indonesia's palm oil exports to hit record in 2017-2018 | Agrifish  | POST Online Media

> The USDA's Jakarta bureau raised its 2017-18 Indonesian palm oil export forecast to 26.5 million tonnes, 1.0 million above the official USDA estimate. That would be a record, above the 25.96 million tonnes shipped in 2014-15.

- Date: 2017-08-03 · published 2017-08-03T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/69562-indonesia-s-palm-oil-exports-to-hit-record-in-2017-2018-agrifish-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A record export forecast signals larger available supply for importers, which is bearish for palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2021-05-12 | [USDA sees uptick in Indonesia's palm oil exports in 2021-22](https://feedsoft.ai/events/47189-usda-sees-uptick-in-indonesia-s-palm-oil-exports-in-2021-22.md) | +4.2% | -6.8% |
| 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 | 2021-06-10 | [Palm oil falls to seven-week low on tepid June exports - Markets - Business Recorder](https://feedsoft.ai/events/10808-palm-oil-falls-to-seven-week-low-on-tepid-june-exports-markets-business-recorder.md) | -6.9% | -5.0% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/indonesias-palm-oil-exports-to-hit-record-in-20172018-382017689/

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