
Indonesia plans to expand its biodiesel programme, with the B30 blend mandate under discussion. Earlier plans to raise the palm content to 40% were delayed due to cheaper fuel costs and record palm prices.
The programme is funded by levies on palm oil exports.
A larger biodiesel mandate would absorb more palm oil and soyoil domestically, tightening export supplies and supporting prices. Levy funding ties the programme's pace to export volumes and prices.
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.
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.
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.