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Wilmar's Indonesia head said biodiesel blends do not harm vehicle engines, citing four years of Indonesian B10 to B20 experience. He spoke to Malaysian officials as concerns from hauliers and automakers grow over a planned Malaysian B10 programme.
Reassurance on engine safety supports the likelihood of Malaysian biodiesel demand for palm oil, but this is a reaction piece with no immediate supply change.
malaysiakini.comBernamaSep 15, 2018After 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.
