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Indonesian used cooking oil exporters are forming an association to lobby against new export licensing rules that took effect January 24, 2022. The rules require exporters of UCO, palm olein and crude palm oil to show proof of domestic sales.
Restricting UCO exports could tighten Southeast Asian feedstock supply for biodiesel and support prices for palm products.
ukragroconsult.comJan 24, 2022After 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.
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.
