Active
Will the price of palm oil exceed 4,900 ringgit per metric ton by the end of August?
Volume~$42
YES chance
100 BPCX
100 BPCX
DescriptionIndonesia’s decision to switch entirely to B50 biodiesel is dealing a massive blow to the global market. The country is the largest exporter of palm oil, but now massive volumes of raw materials will be diverted to domestic production of eco-fuel rather than being sold abroad. Analysts are forecasting a palm oil shortage in the CIS and globally, which is driving commodity prices to multi-year highs. The focus is on specific exchange indicators: will the price of a metric ton of crude palm oil on the Malaysian Derivatives Exchange (MDEX) break through the psychological barrier of 4,900 Malaysian ringgit by the end of August?
ConditionsYes: if, during the period from August 1 to August 31, 2026, the official closing price of the nearest crude palm oil futures contract (Crude Palm Oil, ticker: FCPO) on the MDEX exchange is recorded at least once at a level of ≥ 4,900.00 Malaysian ringgit (MYR) per metric ton.
No: if, during the period from August 1 to August 31, 2026, the futures closing price remains strictly < 4,900.00 Malaysian ringgit (MYR) per metric ton throughout the entire month.
Timeline
OpenedJul 9, 2026, 9:18 PM
Closes
Jul 31, 2026, 8:59 PMChecking results
—EndsSep 1, 2026, 8:59 PM
OpenedJul 9, 2026, 9:18 PM
Closes
Jul 31, 2026, 8:59 PMChecking results
—EndsSep 1, 2026, 8:59 PM
ActivityView all
Top poll holdersView all
Voted for YES
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joS_edge
joS_edge19 BPCX
2
5kkkkkkusdt
5kkkkkkusdt3 BPCX
Voted for NO
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NastyAeolis
NastyAeolis20 BPCX
Active
Will the price of palm oil exceed 4,900 ringgit per metric ton by the end of August?
Volume~$42
DescriptionIndonesia’s decision to switch entirely to B50 biodiesel is dealing a massive blow to the global market. The country is the largest exporter of palm oil, but now massive volumes of raw materials will be diverted to domestic production of eco-fuel rather than being sold abroad. Analysts are forecasting a palm oil shortage in the CIS and globally, which is driving commodity prices to multi-year highs. The focus is on specific exchange indicators: will the price of a metric ton of crude palm oil on the Malaysian Derivatives Exchange (MDEX) break through the psychological barrier of 4,900 Malaysian ringgit by the end of August?
ConditionsYes: if, during the period from August 1 to August 31, 2026, the official closing price of the nearest crude palm oil futures contract (Crude Palm Oil, ticker: FCPO) on the MDEX exchange is recorded at least once at a level of ≥ 4,900.00 Malaysian ringgit (MYR) per metric ton.
No: if, during the period from August 1 to August 31, 2026, the futures closing price remains strictly < 4,900.00 Malaysian ringgit (MYR) per metric ton throughout the entire month.