
Indonesian state firm Pertamina targets combined annual output of about 288,000 kilolitres of sustainable aviation fuel and hydrotreated vegetable oil at its planned Cilacap refinery from 2029. The company has not disclosed the product split or secured used cooking oil feedstock.
A future biofuel plant needing used cooking oil and vegetable oils could add modest demand for palm oil and waste fats, but the 2029 start is only a target and has little near-term price effect.
After 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.