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Malaysia's Plantation and Commodities Minister said the country plans to expand its palm-based B20 biodiesel programme nationwide in phases. The plan will account for palm oil's price sensitivity relative to petroleum.
Malaysia currently has a B10 national mandate, with B20 already in Labuan, Langkawi and Sarawak.
A nationwide biodiesel mandate would add structural domestic demand for palm oil, supporting prices. The phased timing limits the near-term impact.
reuters.comApr 7, 2026After 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.
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.
