
Indonesia's deputy energy minister said on March 9 that the country may revive a mandatory B50 palm biodiesel blend mid-year because of surging crude prices from the Middle East conflict. No decision had been made, and the plan had been scrapped in January.
A revived B50 mandate would lift palm biodiesel demand by several million tonnes, supporting palm prices. The uncertainty about timing limits near-term conviction.
After 548 past bullish policy events, PALMOIL 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, SBO 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.