# CPO Price Picking Up In Riau In The Past 6 Months - ANTARA News Riau

> Riau's plantation office reports CPO prices have risen over the past six months, following international trends and the Indonesian Palm Oil Conference. Officials expect further gains on biodiesel demand under the B25 mandate and possible El Niño supply effects.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/10935-cpo-price-picking-up-in-riau-in-the-past-6-months-antara-news-riau
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expanding Indonesian biodiesel mandates and El Niño-related supply risk support higher palm oil prices. An analyst forecast of only 1 million tonnes of supply growth in 2017 against strong demand growth adds to the bullish case.

## Read by commodity

- WTI: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-04-29 | [Bank forecasts rise in food prices next month](https://feedsoft.ai/events/9191-bank-forecasts-rise-in-food-prices-next-month.md) | -9.2% | -3.5% |
| PALMOIL | 2021-10-20 | [Kemenperin: Insentif tarif pungutan ekspor CPO dorong investasi - ANTARA News](https://feedsoft.ai/events/44421-kemenperin-insentif-tarif-pungutan-ekspor-cpo-dorong-investasi-antara-news.md) | +0.5% | -0.4% |
| PALMOIL | 2023-07-25 | [Unpicking the Huge Rally in Oilseed Markets \| CZ app](https://feedsoft.ai/events/11933-unpicking-the-huge-rally-in-oilseed-markets-cz-app.md) | -0.8% | -3.6% |
| PALMOIL | 2024-04-03 | [Palm Oil News - April 2024, CPO Reference Price Increases: CPO OF and Levy Would Be US$ 142/Ton](https://feedsoft.ai/events/15650-palm-oil-news-april-2024-cpo-reference-price-increases-cpo-of-and-levy-would-be.md) | +0.5% | -4.0% |
| PALMOIL | 2025-09-30 | [Kemendag: Kenaikan HR CPO disebabkan tingginya permintaan dari India - ANTARA News](https://feedsoft.ai/events/22969-kemendag-kenaikan-hr-cpo-disebabkan-tingginya-permintaan-dari-india-antara-news.md) | +0.3% | +0.4% |
| WTI | 2018-07-01 | [Upping the ante - Petroleum News](https://feedsoft.ai/events/63959-upping-the-ante-petroleum-news.md) | -0.3% | -4.5% |
| WTI | 2018-10-29 | [Airlines, trucking industry face sharp rise in fuel prices \| CBC News](https://feedsoft.ai/events/62737-airlines-trucking-industry-face-sharp-rise-in-fuel-prices-cbc-news.md) | -6.6% | -23.8% |
| WTI | 2022-08-03 | [OPEC+ boosts oil output by slower pace than previous months \| AP News](https://feedsoft.ai/events/39948-opec-boosts-oil-output-by-slower-pace-than-previous-months-ap-news.md) | -4.1% | -4.5% |

## Sources

- riau.antaranews.com: https://riau.antaranews.com/berita/82430/cpo-price-picking-up-in-riau-in-the-past-6-months

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.