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Indonesia's biodiesel mandate saved about Rp122 trillion in foreign exchange in 2023 and cut emissions. APKASINDO warned that moving from B40 to B50 would leave a CPO supply deficit of about 1.24 million tons.
Higher blending mandates would divert significant palm oil into biodiesel, tightening domestic supply for food and export. That supports palm oil prices and raises the risk of export restrictions.
gapki.idadminApr 15, 2024After 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.
