Indonesia delays biodiesel blend increase, confusing palm oil traders and market.

Indonesia's plan to increase its biodiesel blend from 35% to 40% by January 1 has been delayed, causing uncertainty in the market. The government has yet to release the necessary technical regulations, leaving palm oil traders confused. This delay aims to prevent disruptions in the crude palm oil market, despite the higher blend contributing to a nearly 20% rise in Malaysia's palm oil contract last year.

3 months ago
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