Positive on EU’s removal of duties on biosdiesel import from Indonesia

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.

• May 3, 2017Greater push for biodiesel in Indonesia, Malaysia | Borneo Post Online+2.2%
• Jan 8, 2018CPO export duty removal lauded, but trade war brewing | Borneo Post Online-1.0%
• 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%
• Jul 24, 2018New biodiesel recipe can cut Indonesia's fuel imports+0.1%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Aug 7, 2018Indonesia bets big on biodiesel to limit costs of oil imports-0.2%
• Aug 28, 2020Indonesia plans to impose 40% biodiesel content rule from July 2021 onwards | Enerdata+0.5%
• Dec 20, 2024Government raises CPO export levy to 10 percent for biodiesel subsidies | Indonesia Business Post-0.5%
• Feb 1, 2025Indonesia expects to reach full implementation of B40 biodiesel in March-0.9%
• Nov 25, 2016Palm oil demand from Indonesia biodiesel sector to surge by 2020+2.1%