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GAPKI projects Indonesia's 2022 palm oil exports at about US$34 billion, with volume of 34.44 million tons. It forecasts CPO prices of US$1,000-1,250 per ton FOB through mid-2022 and production of 52.56 million tons.
The forecast signals steady export volumes and a stable price range, while rising fertilizer costs could slow production growth.
gapki.idadminJan 26, 2022After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
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.
