What the news says
As the world’s largest palm oil producer, Indonesia’s biofuel policy directly impacts the amount of palm oil available for the global export market, thereby affecting crude palm oil (FCPO) prices.
07/21, 10:18 PM
President Trump said he would handle a possible Red Sea blockade if it occurs.
President Trump said he would handle a possible Red Sea blockade if it occurs.
Affected assets
jin10
07/21, 10:18 PM
Related updates
bloomberg-markets · 06/30, 09:50 AM
High impactThe post reports that Indonesia's biofuel push, involving a new palm-diesel blend, will strain local producers and tighten global palm oil supplies by diverting exports.
BLOOMBERG · 06/05, 05:01 PM
Market reactionIndonesia releases details on export overhaul including palm oil, coal and ferronickel.