# Cooperation among govts on biodiesel mandates can sustain CPO prise rise, says expert | Malay Mail

> LMC International chairman James Fry says CPO prices can keep rising if producer governments, notably through CPOPC, coordinate biodiesel mandate increases. Indonesia's B30 allocations for 2020 would lift its biodiesel demand to 8.5 million tonnes. Fry also noted Thailand's biodiesel output has risen each year since 2017.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/55949-cooperation-among-govts-on-biodiesel-mandates-can-sustain-cpo-prise-rise-says
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expanding and coordinated biodiesel mandates add structural demand for palm oil, supporting the price uptrend as stocks decline.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-05-17 | [Malaysia Says Committed to Raising Palm Oil Biodiesel Mandate](https://feedsoft.ai/events/15734-malaysia-says-committed-to-raising-palm-oil-biodiesel-mandate.md) | -1.4% | -6.4% |
| PALMOIL | 2025-03-25 | [Indonesia unlikely to back down on B40 biodiesel mandate, helping sustain elevated palm oil prices, says RHB](https://feedsoft.ai/events/15578-indonesia-unlikely-to-back-down-on-b40-biodiesel-mandate-helping-sustain.md) | +0.0% | -6.9% |
| PALMOIL | 2018-08-06 | [Global palm oil prices set to rise on Indonesia's biodiesel mandate](https://feedsoft.ai/events/63406-global-palm-oil-prices-set-to-rise-on-indonesia-s-biodiesel-mandate.md) | +1.8% | +0.9% |
| PALMOIL | 2026-04-24 | [CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC \| The Star](https://feedsoft.ai/events/19813-cpo-prices-to-remain-above-rm4-500-per-tonne-on-biodiesel-expansion-mpoc-the.md) | -0.0% | -1.4% |
| PALMOIL | 2022-04-26 | [Malaysia's biodiesel group opposes reduction of biofuel mandate](https://feedsoft.ai/events/15828-malaysia-s-biodiesel-group-opposes-reduction-of-biofuel-mandate.md) | +10.6% | -0.0% |

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2019/11/21/cooperation-among-govts-on-biodiesel-mandates-can-sustain-cpo-prise-rise-sa/1812136

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