Malaysia to export excess biodiesel products

After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.

• May 20, 2022Malaysia to reduce palm oil export tax, biodiesel mandate+2.6%
• Jan 14, 2022Malaysia's biodiesel exports to fall to 5-year low+2.5%
• Jul 14, 2017Indonesia may miss biodiesel target as industrial use lags - The Malaysian Reserve+0.1%
• Mar 23, 2021Malaysia's biodiesel exports in 2021 seen falling to four-year low-0.5%
• Jun 16, 2017Malaysia to raise CPO export tax next month | The Star-1.1%

After 187 past neutral policy events, WTI moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.

• Oct 16, 2018Malaysia’s biodiesel output, exports set to hit records | The Star-3.6%
• Mar 8, 2017Malaysian Biodiesel Association - Higher biodiesel production-10.3%
• Nov 27, 2018Malaysia’s biodiesel plan faces uphill struggle as crude slumps+2.8%
• Apr 6, 2023Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success+1.9%
• Aug 19, 2020Indonesia mulls palm oil levies increase to support biodiesel plans+0.8%