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Thailand cut excise taxes on B20 biodiesel and E20 gasohol from October 28, 2026, making B20 about 10 baht per litre cheaper than conventional diesel. Daily B20 consumption rose from 5-6 million litres to 9 million litres by November 7.
Stronger biodiesel demand in Thailand raises palm oil feedstock needs, which can tighten regional supply and support palm oil prices in ASEAN.
oilpalmworld.comOil Palm World ReporterNov 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.
