
Southeast Asian palm oil output is expected to rise marginally in 2026, with Indonesia improving on better weather while Malaysia declines. Indonesia has shelved its plan to mandate 50% biodiesel blending, so more palm oil is likely to reach world markets.
Dropping the B50 mandate removes planned domestic biodiesel demand, so extra palm and soy oil supply is likely to press prices lower.
After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), 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.