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Malaysia's Primary Industries Ministry has not yet decided on raising biodiesel blending, with approvals needed from transport, petroleum and finance bodies. Malaysia remains at B7 while Indonesia is at B20 and moving toward B30.
Possible Malaysian biodiesel expansion would support palm oil demand, but the lack of a decision keeps it uncertain and limits near-term price impact.
themalaysianreserve.comAug 8, 2018After 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.
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.
