Palm oil firms on higher crude prices, Indonesia’s plan to raise biofuel mandate - Markets

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.

• Aug 26, 2024Palm oil climbs to one-month high on Indonesia’s tax, biodiesel plans - Markets - Business Recorder+0.7%
• Aug 27, 2021Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder-1.4%
• Mar 30, 2026Palm futures hit 15-month high on Indonesia biodiesel plans, crude rally - Markets - Business Recorder+5.2%
• Jul 13, 2022Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder-5.7%
• Oct 1, 2024Palm bounces back on Indonesia’s October reference price hike - Markets - Business Recorder+9.3%

After 438 past bullish policy events, WTI moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Mar 30, 2026Palm futures hit 15-month high on Indonesia biodiesel plans, crude rally - Markets - Business Recorder+12.7%
• Jan 8, 2025Palm fell on export concerns, Indonesia’s biodiesel plans - Markets - Business Recorder+4.3%
• Nov 2, 2023Palm oil rises by more than 2% as Indonesia extends export curbs - Markets - Business Recorder-6.4%
• Oct 21, 2024Palm opens higher, buoyed by stronger crude, Chicago soyoil - Markets - Business Recorder+3.4%
• Jan 10, 2021OPEC crude output cuts should help US shale profits in 2021 - Markets - Business Recorder+0.2%