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MPOC commentary says Indonesia's push to expand biofuel use is expected to tighten palm oil supply and lift prices. The article gives no new quantities or dates.
Higher biodiesel blending absorbs more palm oil, reducing exportable supply and supporting vegetable oil prices.
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.