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Malaysia's B10 biodiesel mandate is being held back by price, with biodiesel at about $2.94 per litre versus $1.60 for diesel. Consumers would bear the cost gap, and the plantations minister has asked the palm oil board to start B15 trials.
High palm oil prices make the B10 mandate uneconomic, which slows domestic palm oil absorption into biodiesel. Delay keeps more palm oil available for export.
biofuelsdigest.comMeghan SappAug 7, 2017After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
