Loading…
Palm oil traders, analysts and plantation executives are gathering in Bali for an Indonesian palm oil conference from October 30 to November 1. Key topics include Indonesia's biodiesel mandate and a trade spat between Malaysia and India that began after Malaysia criticised India's Kashmir policy.
Indian buyers have started switching to Indonesia over fears of import curbs.
Possible Indian restrictions on Malaysian palm oil could depress Malaysian prices and shift trade flows toward Indonesia. Biodiesel mandate expansion is a supportive offset for demand.
thepeninsulaqatar.comThe Peninsula NewspaperOct 30, 2019After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% over 20.
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.
