Loading…
Indonesia's energy ministry signed biodiesel allocations totaling 15.6 million kilolitres for 2025. Biodiesel producers and fuel retailers will be supplied under the allocation, and the non-implementation on January 1 had earlier caused palm oil to drop 2.6%.
A defined 2025 biodiesel allocation provides firm domestic demand for palm oil, supporting prices once implementation begins. The recovery in palm futures after the earlier drop reflects this demand support.
reuters.comBernadette ChristinaJan 3, 2025After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
Notes that non-implementation of B40 on Jan 1 caused a 2.6% drop in palm oil, confirming the mechanism.
