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Malaysia appointed Datuk Dr Khairuddin Aman Razali as plantation and commodities minister on March 9, 2020. Market players are watching his approach to the B20 biodiesel programme, MSPO certification, and EU palm biodiesel restrictions as palm prices remain low.
The new minister's stance on the B20 mandate and EU trade issues will shape domestic palm biodiesel demand and export prospects.
focusmalaysia.myFocusMMar 9, 2020After 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.
