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A Bernama report on the Palm Oil Supply and Demand Outlook Conference repeats that Indonesia and Malaysia supply 87% of global palm oil and form a duopoly. It states that buyers who rely on only one origin lose bargaining power.
The article is background commentary and does not report a new event.
Concentrated supply gives the two producers pricing influence, which matters for buyers sourcing palm-based feed and oil. No new supply or demand shift is announced.
nst.com.myBernamaOct 28, 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.
