
Southeast Asian countries are shifting crops toward fuel, with Indonesia and Malaysia moving to higher biodiesel blends linked to the Iran war energy shock. Consumer cooking oil rationing has appeared in Thailand, signalling tighter edible oil supplies.
Diverting palm oil and other crops to biofuel reduces food and export availability, tightening vegetable oil supplies and supporting prices for palm and soy oils.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
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.
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.