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Malaysia is nearing implementation of B10 biodiesel, and the Malaysian Palm Oil Board hosted a visit to Indonesia to study its biodiesel rollout. Indonesia's program, under a 2014 ministerial regulation, began mandatory B20 blending and targets B30 by 2020.
Mandated biodiesel blending across Southeast Asia adds structural demand for palm oil, which supports prices.
revamp.nst.com.myAmir HamzahJun 4, 2017After 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.
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.
