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KPBN crude palm oil tender prices in Indonesia were withdrawn on October 1, with the highest bid falling to IDR 14,600 per kg, down 2.15%. The decline followed a drop in Malaysian palm futures to an 11-week low, driven by weaker Chicago soyoil and expected lower Malaysian September exports.
Lower Indonesian domestic CPO prices reflect the weaker global futures complex, which tends to pass through to regional vegetable oil costs.
Not 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.