Loading…
Indonesia's oleo-chemical industry remains dominated by basic production and has not expanded capacity much over the last five years despite CPO output rising more than 10% annually. The article says biodiesel capacity has outgrown oleo-chemical capacity since 2008, and that volatile CPO prices have weighed on derivative industries.
Slow growth in downstream palm oil processing means more crude palm oil stays available for biodiesel and export, a mild bearish factor for CPO prices.
en.infosawit.comInfoSAWIT EnglishDec 11, 2017Not 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.
