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Bursa Malaysia crude palm oil futures closed higher on March 30 on optimism that Indonesia will soon roll out its B50 biodiesel programme. Brent rose 1.08% to US$113.79 per barrel, and the June 2026 contract advanced RM141 to RM4,772 per ton.
Expected B50 biodiesel demand and higher crude support palm as a feedstock, reinforcing price strength. Higher open interest suggests fresh buying behind the move.
bernamabiz.comMar 30, 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 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% 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.
March 30 rally on Indonesian B50 optimism and crude strength set the price momentum and demand narrative carried into the March 31 move.
B50 optimism and Brent above US$113 pushed CPO futures higher on 30 March, supporting continued follow-through buying (biodiesel demand and energy input linkage).
