
Indonesia's plan to implement a 40% palm oil biodiesel blend (B40) could be delayed by high palm oil prices, according to a senior energy ministry official. The official said the technical side is ready but there is no timeline, and that 2022 implementation would be challenging.
Delaying B40 keeps more palm oil available for export rather than domestic biodiesel, which is mildly bearish for palm oil prices and supportive for vegetable oil supply, while the policy uncertainty adds volatility.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), 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.