
Malaysia and Indonesia are discussing a B5 biodiesel programme for China and possible biodiesel exports to India. Ministers also agreed to coordinate against EU and US campaigns targeting palm oil.
A potential Chinese B5 mandate would be a large new source of palm oil demand, which would be supportive for prices if implemented. It remains at the discussion stage.
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.
After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.