Indonesia plans to raise its crude palm oil export duty from 7.5% to 10% starting in September, and refined product duties up to 9.5%. The move funds a higher palm oil biodiesel blend, with B40 in 2025 and a 50% blend being explored for 2026.
Bangladesh's edible oil wholesale prices have already risen by Tk70-100 per maund.
A higher export levy and a larger domestic biodiesel mandate tighten Indonesian export supply, which supports palm oil and related vegetable oil prices for importers.
After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.