
Malaysia lowered its December crude palm oil reference price but kept the export duty rate at 10%. Indonesian growers' association GAPKI urged steady, predictable policy on the B50 biodiesel programme, and a new biodiesel plant was reported ready to support it.
A lower reference price trims duty per tonne, slightly reducing landed cost of Malaysian palm. Indonesia's B50 biodiesel mandate, if implemented on schedule, would absorb more palm oil and support prices.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.