Palm Oil Set to Soar as Indonesia’s Biofuel Push Tightens Supply

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...

By Anuradha Raghu, Eko Listiyorini · Bloomberg Markets

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.