Thailand looking at potential B100 futures trading

In Thailand, the Bangkok Post newspaper reports that the government is looking to set up futures trading for B100 in an effort to stabilize palm oil prices. Prices are currently established by the individual palm oil crushers on a daily basis but a futures market could help to formalize pricing and help keep prices from collapsing under the weight of surpluses. Separately, the government is also looking at dying B100 before blending in order to help secure the domestic supply chain and better identify palm oil smuggled in from other countries.