# Sempat Naik Tajam CPO Harus Koreksi Sementara | Informasi Komoditi

> Crude palm oil for October 2017 delivery on Bursa Malaysia fell 0.82% to 2,655 ringgit per tonne, after reaching a three-month high of 2,677 the previous session. Prices gained 3.57% over the week, with profit-taking and renewed EU restrictions on palm oil imports weighing on sentiment.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70059-sempat-naik-tajam-cpo-harus-koreksi-sementara-informasi-komoditi
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

EU import curbs narrow palm's export outlet and analysts expect higher Indonesian and Malaysian output in 2018, which together point to softer prices ahead despite current firm demand.

## Read by commodity

- PALMOIL: neutral

## Sources

- komoditi.co.id: https://komoditi.co.id/sempat-naik-tajam-cpo-harus-koreksi-sementara/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.