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Indonesian palm oil producer shares have declined as the agricultural stock index fell about 13.7% year to date. Analysts expect CPO stocks to stay under pressure through year-end because international palm prices remain weak.
Trade restrictions from the EU and India's import duties are cited as weighing on Indonesian exports.
Weak equity sentiment reflects soft international palm oil prices and trade barriers that limit Indonesian export demand, indicating limited near-term price support.
mahkotagroup.comNov 5, 2019Not 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.
