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Indonesia plans to move its biodiesel mandate from B40 to B50 in 2026, according to Energy Minister Bahlil Lahadalia. GAPKI says crude palm oil output is stagnant and that the B40 program consumed 15.62 million kiloliters this year, up from 12.09 million under B35.
A planned B50 mandate would absorb a much larger share of palm oil output, tightening exportable supply unless production rises, which is supportive for palm oil prices.
gapki.idadminFeb 6, 2025After 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.
After 842 past bullish policy events, Soybean Oil 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.
