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Nov 25, 2016POLICYIndonesia

Indonesia sticks to its guns on B20 biodiesel, despite rising palm oil prices

Indonesia is maintaining its B20 biodiesel mandate even as palm oil prices rise. The article gives no further detail in the provided text.

WHY IT MATTERS

Continued mandatory biodiesel blending keeps domestic palm oil demand firm, supporting prices.

AFFECTSPalm Oil▲

SOURCE
nst.com.myOoi Tee ChingNov 25, 2016

Price reaction & history

Palm Oil▲bullishSO FAR1d +0.4%5d +3.8%20d +5.0%

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.

Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate+1.8%
Mar 5, 2019Palm oil to rise to RM2,400 a tonne, on higher biodiesel mandate | New Straits Times-1.4%
Jun 30, 2026Indonesia's biodiesel push, El Niño risks to tighten palm oil supply-0.5%
Sep 28, 2024Indonesia's palm oil exports to decline amid rising domestic demand for biodiesel I I Bioenergy Business+9.1%
Nov 9, 2022Indonesia to Boost Biodiesel Production With Palm Oil Considering High Crude Oil Prices-2.9%

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.

Palm Oil PALMOIL · GP ▸

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