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Indonesia has restricted exports of used cooking oil and palm oil residue, including palm oil mill effluent. Exporters must now obtain a government export allocation, and the rule takes effect immediately.
The stated aim is to secure supply for domestic users.
Tighter export flows of residue feedstocks reduce supply for global biodiesel and feed markets, which supports palm oil and related fats prices. Domestic priority also raises the risk of further export restrictions.
reuters.comJan 8, 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.
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.
