
The ICCT criticizes EPA's latest RFS proposal, which raises biomass-based diesel volume obligations and halves RIN credits for imported fuel or imported feedstock. It argues the policy would increase vegetable oil imports and costs with minimal greenhouse gas benefits.
Higher biomass-based diesel mandates increase demand for vegetable oils, while halving import credits shifts demand toward domestic feedstocks and can raise import costs for palm and other imported oils.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.