# Palm Oil Export From Key Exporters Reduced By 4.6 Mln Tons In 2016

> Oil World reports palm oil exports from Indonesia and Malaysia totalled 39.4 million tonnes in 2016, down 4.6 million tonnes from 2015. Indonesian biodiesel consumption rose by 2.1 million tonnes, while imports fell in the EU, India and China.

- Date: 2017-03-02 · published 2017-03-02T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71881-palm-oil-export-from-key-exporters-reduced-by-4-6-mln-tons-in-2016
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower exports from the two main origins combined with rising Indonesian biodiesel use tighten the export supply available to importers, which is supportive for palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-02 | [Palm Oil Production Indonesia Fell 3% in 2016, Exports Down 5% \| Indonesia Investments](https://feedsoft.ai/events/12326-palm-oil-production-indonesia-fell-3-in-2016-exports-down-5-indonesia.md) | +2.1% | -5.8% |
| PALMOIL | 2022-12-23 | [Palm oil export levy realisation this year dropped 52%](https://feedsoft.ai/events/15769-palm-oil-export-levy-realisation-this-year-dropped-52.md) | +1.0% | +2.3% |
| PALMOIL | 2017-12-06 | [Industry Review: Palm Oil Price and Output Expected to Pick Up in 2018 - The Insiders Stories](https://feedsoft.ai/events/67569-industry-review-palm-oil-price-and-output-expected-to-pick-up-in-2018-the.md) | -3.6% | +1.5% |
| PALMOIL | 2024-06-14 | [Palm oil prices to find support at RM3,900 a tonne in June on tight supply, upsurge in exports](https://feedsoft.ai/events/29872-palm-oil-prices-to-find-support-at-rm3-900-a-tonne-in-june-on-tight-supply.md) | -0.4% | +0.2% |
| PALMOIL | 2024-01-16 | [Indonesia’s 2024 palm oil exports seen down 4% on year – statement](https://feedsoft.ai/events/15677-indonesia-s-2024-palm-oil-exports-seen-down-4-on-year-statement.md) | -0.2% | -1.4% |

## Sources

- grainsprices.com: https://grainsprices.com/article/12244

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