Indonesian palm-based biodiesel use reached 13.84 million kilolitres by 10 November, about 83% of the B50 allocation cited by Reuters. The KPBN Dumai CPO tender rose from IDR 14,275/kg to IDR 14,440/kg between Monday and Thursday.
Strong biodiesel demand absorbs palm oil supply and supports prices, while the B50 mandate reduces the amount available for food and feed uses. Rising domestic CPO prices reflect this tightening.
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.
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.