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Malaysia's palm oil industry hopes its new plantations minister will push a stronger biodiesel agenda, including rolling out the planned but unimplemented B10 mandate. Industry players also point to higher minimum wages that could raise CPO prices relative to Indonesia.
A firmer domestic biodiesel mandate would add demand for CPO and could offset export competitiveness concerns, but the mandate is not yet implemented, so the near-term price effect is limited.
biofuelsdigest.comMeghan SappJul 10, 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.
