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Indonesia set its November biodiesel Market Index Price at IDR 14,312 per liter, excluding transport costs, effective November 1. The price was calculated using an average crude palm oil price of IDR 14,926 per kilogram under the country's mandatory biodiesel programme.
The mandated biodiesel programme supports domestic palm oil use, adding demand-side support for CPO. The price-setting announcement itself does not establish a new change in blending volumes, so the direct price effect is limited.
palmoilmagazine.comPalmoilmagazineNov 9, 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.
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.
