Key Takeaways:
Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded since 2008 as infrastructure and engine compatibility have improved. Higher domestic palm oil consumption will tighten global export availability and support vegetable oil markets. Reduced palm oil exports could narrow its discount to other oils, supporting soyoil, canola oil, and sunflower oil prices. Palm oil is typically the cheapest of the four major vegetable oils because it has the highest global production and is high in saturated fats. Price-sen...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
