# Edible oil demand in three biggest markets seen mixed - analyst Fry

> James Fry of LMC International said Indonesian palm oil prices at Sumatra ports could ease to $920 per tonne from $940. He added that if Indonesia implements its B40 biodiesel mandate in January, prices could reach $1,080 per tonne by June.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/38778-edible-oil-demand-in-three-biggest-markets-seen-mixed-analyst-fry
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A B40 mandate would absorb significantly more palm oil for biodiesel, tightening exportable supply and lifting prices. Without it, the outlook points to modestly lower prices in the near term.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-06-30 | [How Rising Biofuel Demand Impacts Vegetable Oil Markets](https://feedsoft.ai/events/18889-how-rising-biofuel-demand-impacts-vegetable-oil-markets.md) | -0.5% | +0.3% |
| PALMOIL | 2022-04-22 | [Global edible oil markets simmer after shock Indonesia ban](https://feedsoft.ai/events/14037-global-edible-oil-markets-simmer-after-shock-indonesia-ban.md) | +1.1% | -2.1% |
| PALMOIL | 2023-10-12 | [Palm oil rises on demand, Indonesia’s move to keep exports flexible - Markets - Business Recorder](https://feedsoft.ai/events/33743-palm-oil-rises-on-demand-indonesia-s-move-to-keep-exports-flexible-markets.md) | +3.6% | +6.2% |
| PALMOIL | 2025-11-03 | [Shifting Biofuel Demand Reshapes Global Oil Markets](https://feedsoft.ai/events/22041-shifting-biofuel-demand-reshapes-global-oil-markets.md) | -6.2% | -5.7% |
| PALMOIL | 2022-08-11 | [Vegetable oils: Supply stress and biofuel blending mandates drive demand for soybean oil - Fastmarkets](https://feedsoft.ai/events/40126-vegetable-oils-supply-stress-and-biofuel-blending-mandates-drive-demand-for.md) | +1.5% | -11.2% |
| SBO | 2024-06-05 | [Livestock feed markets and the ‘big oil deficit’ - Manitoba Co-operator](https://feedsoft.ai/events/29738-livestock-feed-markets-and-the-big-oil-deficit-manitoba-co-operator.md) | +1.1% | +6.7% |
| SBO | 2026-06-30 | [How Rising Biofuel Demand Impacts Vegetable Oil Markets](https://feedsoft.ai/events/18889-how-rising-biofuel-demand-impacts-vegetable-oil-markets.md) | +1.3% | +1.8% |
| SBO | 2022-04-22 | [Global edible oil markets simmer after shock Indonesia ban](https://feedsoft.ai/events/14037-global-edible-oil-markets-simmer-after-shock-indonesia-ban.md) | +3.2% | -4.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/edible-oil-demand-three-biggest-markets-seen-mixed-analyst-fry-2022-11-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.