◂ Event Timeline

Sep 14, 2018POLICYMalaysia

Cabinet paper on B10 biodiesel to be tabled by year-end

Malaysia's Primary Industries Ministry is preparing a B10 biodiesel cabinet paper to be tabled by year-end. The minister said the programme could help smallholders hit by falling palm oil prices, and stakeholder consultations are complete.

WHY IT MATTERS

A prospective Malaysian biodiesel mandate would add future domestic palm oil demand, but it is not yet approved, so the price impact is limited for now.

AFFECTSPALMOIL▲

SOURCE
malaysiakini.comBernamaSep 14, 2018

Price reaction & history

PALMOIL▲bullishSO FAR1d -0.6%5d -2.2%20d -3.6%

After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.

Mar 7, 2017Malaysia’s biodiesel production to rebound this year | The Star-4.1%
Aug 8, 2018No decision yet to increase biodiesel content-0.6%
Apr 24, 2026CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC | The Star-0.0%
Aug 7, 2018Indonesia bets big on biodiesel to limit costs of oil imports+0.0%
Nov 21, 2019MPI and MoF in talks for biodiesel stabilisation fund | Borneo Post Online0.0%

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.

PALMOIL · GP ▸

——— · ·

Loading…