Palm oil to rise to RM2,400 a tonne, on higher biodiesel mandate

After 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.

• Nov 25, 2016Indonesia sticks to its guns on B20 biodiesel, despite rising palm oil prices | New Straits Times+3.8%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate+1.8%
• Oct 9, 2024Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says-0.0%
• Jan 5, 2021Higher blending mandate to help offset EU’s lower palm oil demand, says biodiesel association – The European Times+1.3%
• May 17, 2023Malaysia Says Committed to Raising Palm Oil Biodiesel Mandate-1.4%