# Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder

> Malaysian palm oil futures rose for a third straight session as traders weighed Indonesia's plan to raise its biodiesel blend to B35 from B30 starting July 20. Malaysia's end-June stocks rose 8.8% to 1.66 million tonnes, while exports fell 13.3%.

- Date: 2022-07-13 · published 2022-07-13T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15804-palm-rises-on-indonesia-s-biodiesel-mandate-lower-exports-cap-gains-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A higher Indonesian biodiesel mandate absorbs more palm oil domestically, tightening exportable supply. Rising stocks and weaker exports cap the gains, so the net price effect is moderate.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-27 | [Palm oil extends gains on Indonesia supply outlook, biodiesel plan - Markets - Business Recorder](https://feedsoft.ai/events/28871-palm-oil-extends-gains-on-indonesia-supply-outlook-biodiesel-plan-markets.md) | +4.2% | +6.5% |
| PALMOIL | 2023-10-12 | [Palm oil rises on demand, Indonesia’s move to keep exports flexible - Markets - Business Recorder](https://feedsoft.ai/events/33743-palm-oil-rises-on-demand-indonesia-s-move-to-keep-exports-flexible-markets.md) | +3.6% | +6.2% |
| PALMOIL | 2023-06-30 | [Palm rises on higher Indonesian export levy, weak ringgit - Markets - Business Recorder](https://feedsoft.ai/events/6549-palm-rises-on-higher-indonesian-export-levy-weak-ringgit-markets-business.md) | +8.5% | +13.1% |
| PALMOIL | 2024-08-26 | [Palm oil climbs to one-month high on Indonesia’s tax, biodiesel plans - Markets - Business Recorder](https://feedsoft.ai/events/15630-palm-oil-climbs-to-one-month-high-on-indonesia-s-tax-biodiesel-plans-markets.md) | +0.7% | +6.8% |
| PALMOIL | 2022-02-10 | [Palm rises as Indonesia expands export permit requirements - Markets - Business Recorder](https://feedsoft.ai/events/15843-palm-rises-as-indonesia-expands-export-permit-requirements-markets-business.md) | -0.2% | +19.9% |
| SBO | 2024-08-27 | [Palm oil extends gains on Indonesia supply outlook, biodiesel plan - Markets - Business Recorder](https://feedsoft.ai/events/28871-palm-oil-extends-gains-on-indonesia-supply-outlook-biodiesel-plan-markets.md) | +2.0% | +1.6% |
| SBO | 2024-08-26 | [Palm oil climbs to one-month high on Indonesia’s tax, biodiesel plans - Markets - Business Recorder](https://feedsoft.ai/events/15630-palm-oil-climbs-to-one-month-high-on-indonesia-s-tax-biodiesel-plans-markets.md) | +3.3% | +1.0% |
| SBO | 2022-02-10 | [Palm rises as Indonesia expands export permit requirements - Markets - Business Recorder](https://feedsoft.ai/events/15843-palm-rises-as-indonesia-expands-export-permit-requirements-markets-business.md) | +0.3% | +12.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40185476

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.