The B35 programme makes Indonesia a barometer of world palm oil price

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.

• Feb 3, 2017Low palm oil stocks in Indonesia boost prices+0.7%
• Apr 6, 2021Indonesia’s Palm Oil Tax Regime as of April 2021-1.7%
• Feb 8, 2023Indonesia's new palm oil biodiesel programme profits major corporations at the expense of smallholders, says union-0.4%
• Jul 18, 2023Indonesia to keep domestic palm oil sale rules ahead of B35 – official+1.9%
• Sep 3, 2023Indonesia, Malaysia push biofuel to offset palm oil price downturn - Nikkei Asia-6.9%

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.

• Apr 6, 2021Indonesia’s Palm Oil Tax Regime as of April 2021-2.0%
• Feb 8, 2023Indonesia's new palm oil biodiesel programme profits major corporations at the expense of smallholders, says union+0.7%
• Jul 18, 2023Indonesia to keep domestic palm oil sale rules ahead of B35 – official+9.5%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate-1.3%
• Jul 17, 2023Indonesia sticking with domestic palm oil sale rules ahead of B35 implementation - The Business Times+0.1%