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Indonesia delayed the B50 biodiesel mandate, citing technical readiness and funding limits. It is still moving ahead with raising the palm oil export levy from 10% to 12.5% from March 1.
A delayed B50 cuts expected domestic palm oil use for biodiesel, while the higher levy makes Indonesian exports less competitive against Malaysia, both bearish for palm oil prices.
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.