Indonesia has run its B20 biodiesel mandate, which blends 20% palm-based biodiesel into diesel, since 2016 and reports savings of up to US$1 billion in diesel imports. The Malaysian Palm Oil Board took Malaysian delegates to Jakarta to study the program.
Indonesia plans to move to B30 by 2020.
Mandated blending gives a structural floor to palm oil demand, and a move to B30 would add meaningfully to domestic consumption. Malaysia's own adoption of higher blends would add demand as well.
Setelah 548 peristiwa kebijakan bullish sebelumnya, Minyak Sawit bergerak median +0,4% selama 5 sesi (61% lebih tinggi; separuh tengah -0,7% sampai +2,1%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.