Malaysia's biodiesel group opposes reduction of biofuel mandate

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.

• Mar 7, 2017Malaysia’s biodiesel production to rebound this year | The Star-4.1%
• May 17, 2023Malaysia Says Committed to Raising Palm Oil Biodiesel Mandate-1.4%
• Mar 8, 2017Malaysian Biodiesel Association - Higher biodiesel production-2.6%
• Dec 13, 2021Malaysia, Chinese firm sign deal on 2nd-generation biodiesel, biojet fuel | Reuters-2.3%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate+1.8%

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.

• May 17, 2023Malaysia Says Committed to Raising Palm Oil Biodiesel Mandate+1.5%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate-1.3%
• Nov 15, 2022Trade Group Seeks 7-billion-gallon Advanced Biofuel Mandate-5.0%
• Jan 18, 2017State on target to meet biodiesel mandate - Session Daily - Minnesota House of Representatives-0.8%
• Jul 13, 2022Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder+0.0%