News Capsule: Indonesia’s New Biodiesel Rules Could Support Global Palm Oil Prices
23-Oct-2025 03:44 PM
News Capsule: Indonesia’s New Biodiesel Rules Could Support Global Palm Oil Prices
★ Declining soybean oil exports from the U.S., Brazil, and Argentina are expected to further strengthen this trend.
★ In September, India’s palm oil imports from Malaysia surged to an 11-month high of 312,000 tonnes, adding pressure on global vegetable oil supplies.
★ Currently, palm oil prices remain above 4,400 Malaysian ringgit per tonne, supported by Indonesia’s proposed B50 biodiesel mandate and lower soybean oil exports from major producers.
★ Consumers may continue to face upward pressure on cooking oil prices as the world moves toward 2026.
★ Indonesia’s palm oil exports saw a sharp rise in September, largely driven by increased shipments to India.
★ This growth is seen as a significant boost for the world’s largest edible oil importer.