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A Malaysian palm oil market commentary describes Indonesia and Malaysia supplying about 87% of global palm oil and argues their duopoly gives them bargaining power. It also notes that an Indian trade body urged members to shift purchases from Malaysia to Indonesia.
The piece is largely structural background rather than a new price-moving event.
Dependence on two suppliers gives them pricing leverage, and any sustained shift in Indian buying between origins could move palm oil flows and prices. The piece itself does not announce a new supply or demand change.
prestasisawit.mpob.gov.myOct 29, 2019prestasisawit.mpob.gov.myOct 31, 2019Not 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.
