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Malaysia's B20 biodiesel mandate for peninsular Malaysia has been delayed to December 2021, while Sarawak has run it since September 2020 and Sabah is due in June 2021. The Malaysian Biodiesel Association expects the mandate to absorb over one million tonnes of CPO.
A delayed Malaysian mandate removes near-term palm oil demand, though the eventual rollout still supports palm prices over the longer term.
klse.i3investor.comFelicity75Mar 23, 2021After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
