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Indonesia's exports of used cooking oil feedstock for European waste-based biodiesel will remain largely disrupted in the short term, as traders await clarity on revised export regulations. Shipments out of Indonesian ports are well below last year's levels.
Reduced UCO and palm product exports tighten feedstock supply for European biodiesel, supporting vegetable oil prices and reducing feed-oil availability.
fastmarkets.comJohn McGarrity, Liliana Minton, Regina KohMay 31, 2022After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% 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.
