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Thailand cut excise taxes on B20 biodiesel and E20 gasohol from October 28, 2026, through January 27, 2027, to lower fuel costs and encourage bio-based fuels. B20 consumption has risen, and Thai biodiesel is largely made from palm oil.
Higher Thai biodiesel use can increase palm-oil feedstock demand and support regional palm prices, with potential implications for Indonesian exports.
gapki.idZA HermesNov 11, 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.
