Loading…
Indonesia has postponed its B50 biodiesel mandate this year because of unresolved technical and funding constraints. TA Securities says Malaysia now has a cost advantage in CPO exports due to its lower export duties.
A delayed biodiesel mandate reduces domestic palm oil demand, and Indonesia's higher export costs push trade toward Malaysia, both weighing on 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.