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Reuters reported that rising crude oil prices and higher freight rates from the Middle East conflict could boost palm oil demand from the biodiesel sector and for food use. Asian buyers were seeking prompt shipments.
Higher crude narrows the palm-gasoil spread, making biodiesel more competitive and supporting palm demand and prices. Freight costs also add to delivered prices for importers.
reuters.comRajendra JadhavApr 1, 2026After 62 past bullish geopolitics events, Palm Oil moved a median +2.5% over 5 sessions (74% higher; middle half -0.1% to +5.8%), and +4.0% over 20.
Not enough comparable past events yet for a historical read.
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.
