S&P Global reports that palm oil mill effluent (POME) oil trade faces uncertainty in 2026 from EU scrutiny of POME use in biofuels and from Indonesian export restrictions on POME oil and used cooking oil. Demand for waste feedstocks for SAF and biodiesel is rising, and Indonesia's biodiesel mandate is set to increase to 50% in 2026.
Export restrictions and rising biofuel feedstock demand tighten the supply of waste-based oils, which supports POME oil prices and lends some support to palm oil more broadly.
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.
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.