Loading…
Malaysia has overtaken Indonesia as the largest crude palm oil exporter to India, with shipments reaching 2.42 million tonnes since November. Indonesia's higher levies and Malaysian discounts drove the shift in market share.
Shifts in origin share affect palm oil trade flows and pricing spreads between Malaysian and Indonesian supply, though the direction for the overall palm oil price is limited.
kpk.gov.myJun 23, 2021After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.
