◂ Event Timeline

Dec 24, 2019TRADEIndonesia

Palm Oil News - CPO Export Volume by October 2019 Decreased 6% when It was Increase US$ 140/ton

Indonesian CPO export volume fell 6% in October 2019 from September, while lauric oil exports rose 64%. CPO prices rose from US$520 per tonne in early October to US$660 CIF Rotterdam by month end.

WHY IT MATTERS

Lower Indonesian CPO export volumes tighten global palm supply, supporting prices. The recovery in prices gives planters incentive to restore production.

AFFECTSPalm Oil▲

SOURCE
en.infosawit.comInfoSAWIT EnglishDec 24, 2019

Price reaction & history

Palm Oil▲bullishSO FAR1d +0.1%5d +1.2%20d +6.1%

After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.

Dec 17, 2017Palm Oil News - CPO Exports to China and Bangladesh Increased-0.9%
Jan 6, 2018Palm Oil News - CPO Demand Would Increase heading to Chinese Religious day-1.0%
Jul 20, 2017Palm oil exports increase by just 2 percent: GAPKI+1.2%
Oct 23, 2026Palm Oil Market: October Export Surge Lifts Prices Despite Weak Vegoil Sentiment — CMB News-0.6%
Oct 29, 2019As India, EU may increase duties, Indonesia eyes China for palm oil export+13.0%

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.

Palm Oil PALMOIL · GP ▸

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