Malaysian officials may cut the palm oil export tax from 8% to 4-6% and slow the B30 biodiesel mandate to prioritise food supply amid the edible oil crisis linked to the Russia-Ukraine war. Indonesia's export ban has further tightened global supply.
A lower Malaysian export tax would boost palm exports and ease tightness in vegetable oils, while a slower biodiesel mandate reduces palm demand for fuel, pressuring palm oil prices.
After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), 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.