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Thailand's Commerce Ministry plans to host talks with the Energy and Industry ministries and automobile and motorcycle associations to set a long-term roadmap for E20 and B20 biofuel use. The ministry says the plan will give farmers clarity on feedstock purchase prices and volumes for palm oil, sugarcane and cassava.
A firm long-term biodiesel and ethanol mandate would lift domestic demand for palm oil and cassava feedstocks, supporting regional vegetable oil and starch-based prices.
thansettakij.comชัชยาภรณ์ โพธิ์งามNov 5, 2026After 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.
After 27 past neutral policy events, ULSD / Diesel moved a median -1.4% over 5 sessions (41% higher; middle half -4.3% to +2.6%), and -4.6% 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.
