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Expana-cited market commentary expects Malaysian palm oil exports to fall 10-20% in November and production to drop 5-10% month on month, with monsoon disruptions possibly tightening supplies. Palm oil's premium over soybean oil is seen as unsustainable, and Indonesia's levy increase of about US$62 per tonne could add price pressure.
Expected tighter Malaysian supply and an Indonesian levy increase support palm prices, but tepid demand at current price levels and possible switching to soyoil could limit gains.
aerce.orgFeb 28, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
