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Thailand cut excise taxes on E20 gasoline and B20 biodiesel, with the lower rates taking effect on October 27 for three months. Daily B20 consumption rose 41% to 8.64 million litres during October 28–November 4 compared with October 1–27, while E20 consumption also increased.
Tax incentives are shifting fuel use toward biofuel blends, supporting demand for palm oil in B20 and cassava and molasses used for ethanol. Stronger feedstock demand could support domestic prices, particularly for palm oil.
bangkokpost.comYuthana PraiwanNov 10, 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.
Not enough comparable past events yet for a historical read.
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.
