Analysts: Indonesia's B50 biodiesel plan may be delayed
2025-10-23 02:18:52
Gold Ten Futures, October 23rd, according to foreign media reports, Citi analyst Gan Huan Wen pointed out in a report that Indonesia plans to implement the B50 biodiesel mandatory blending policy in 2026, which is likely to be delayed until 2027 due to financial restrictions and unfavorable palm oil-diesel price differentials. Gan Huan Wen said that speculation about the B50 biodiesel mandatory blending policy has been supporting crude palm oil (CPO) prices in recent months, and is expected to continue to boost prices in the short term. It is expected that crude palm oil prices will hover between 4,300 ringgit and 4,500 ringgit per ton by the end of the year.
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