Veteran trader Dorab Mistry, a director at Godrej International Ltd., had earlier forecast the move would drive palm prices to a three-year high of 5,500 ringgit in the first quarter of 2026. (Photo by allPhoto Bangkok on Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Palm oil is poised for a bullish run as Indonesia ramps up its biofuel ambitions, a move that is expected to slash supplies available for export from the world’s top producer and deepen a global squeeze.

Already a world leader in biofuels, the Southeast Asian nation plans to channel even more palm oil stocks toward expanding its domestic biodiesel mandate from 40% to 50% by the second half of next year. The so-called B50 program is part of Indonesia’s efforts to slash a hefty fuel import bill and

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