Implementation of higher biodiesel mandates in Indonesia, the world’s biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Photo: Natt Boonyatecha/iStock/Getty Images

Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says

Decrease in available palm oil would be ‘catastrophic’ for global consumers, analyst says

Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Indonesia currently has a mandatory 35 per cent blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40 per cent palm oil to cut its energy imports.

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Flow of canola oil to U.S. set to hit record in 2024

American biofuel producers in the first four months of the year imported Canadian canola oil at record pace, and the flow seems set to continue for now according to analysis from Farm Credit Canada. Canada exported nearly 1.4 million tonnes of refined and crude canola oil to the U.S. from January to April.



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Canada’s crush boom to benefit Aussie canola

A significant increase in domestic crush capacity is expected to lower exports and reduce competition for Australia

Commonwealth Bank of Australia is forecasting reduced competition from its main competitor and continued strong demand from its top export market.