# Aksi Profit Taking Terus menekan harga CPO | Informasi Komoditi

> Crude palm oil prices on the Malaysia Derivatives Exchange fell 0.9% to 3,071 ringgit per tonne, with April 2017 futures under profit-taking selling. MPOB data showed January stocks down 7.6% to 1.54 million tonnes, output down 13% and exports up 1.2%.

- Date: 2017-02-14 · published 2017-02-14T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/11859-aksi-profit-taking-terus-menekan-harga-cpo-informasi-komoditi
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Profit-taking after a rally weighs on near-term prices, while lower stocks and output provide some underlying support. The net effect is a softer near-term price outlook.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- komoditi.co.id: https://komoditi.co.id/aksi-profit-taking-terus-menekan-harga-cpo/

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