# Indonesia will export less palm oil to keep supplies at home |  Bloomberg News

> Indonesia will reduce palm oil exports to keep more supply at home, according to a Bloomberg report carried by BusinessMirror. The report focuses on the export restriction, which is designed to protect domestic cooking oil supplies. The page also contains unrelated Philippine news items.

- Date: 2022-12-30 · published 2022-12-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/9245-indonesia-will-export-less-palm-oil-to-keep-supplies-at-home-bloomberg-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Reduced Indonesian exports tighten global palm oil availability, supporting palm oil prices and related vegetable oil values that feed buyers rely on.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲
- FISHMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-03 | 1 | +7.3% | 3.7 | Reports Indonesia's export reduction to protect domestic supply, which tightens global palm availability and supports prices, though it largely duplicates 9244. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-03-09 | [Indonesia tightens palm oil export curbs in new hit to global supplies \| Reuters](https://feedsoft.ai/events/42374-indonesia-tightens-palm-oil-export-curbs-in-new-hit-to-global-supplies-reuters.md) | -2.3% | -9.2% |
| PALMOIL | 2023-01-13 | [Indonesia palm oil export curbs, biodiesel plans to hit world vegoil supplies](https://feedsoft.ai/events/15761-indonesia-palm-oil-export-curbs-biodiesel-plans-to-hit-world-vegoil-supplies.md) | +0.1% | -0.0% |
| PALMOIL | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | -11.2% |
| PALMOIL | 2026-03-02 | [Indonesian higher palm oil export levies come into effect and…](https://feedsoft.ai/events/15483-indonesian-higher-palm-oil-export-levies-come-into-effect-and.md) | +5.0% | +8.4% |
| PALMOIL | 2019-10-16 | [Indonesia extends suspension of palm oil export levies](https://feedsoft.ai/events/56445-indonesia-extends-suspension-of-palm-oil-export-levies.md) | +3.0% | +20.3% |
| SBO | 2022-03-09 | [Indonesia tightens palm oil export curbs in new hit to global supplies \| Reuters](https://feedsoft.ai/events/42374-indonesia-tightens-palm-oil-export-curbs-in-new-hit-to-global-supplies-reuters.md) | -6.9% | +240.0% |
| SBO | 2023-01-13 | [Indonesia palm oil export curbs, biodiesel plans to hit world vegoil supplies](https://feedsoft.ai/events/15761-indonesia-palm-oil-export-curbs-biodiesel-plans-to-hit-world-vegoil-supplies.md) | -1.6% | -9.4% |
| SBO | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | +9.1% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2023/01/01/indonesia-will-export-less-palm-oil-to-keep-supplies-at-home/
- fiskerforum.com: https://fiskerforum.com/iffo-issues-2022-production-figures/
- straitstimes.com: https://www.straitstimes.com/asia/se-asia/indonesia-will-export-less-palm-oil-to-keep-supplies-at-home
- worldports.org: https://www.worldports.org/indonesia-will-export-less-palm-oil-to-keep-supplies-at-home/

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