# Sempat Melemah, Harga CPO Mulai Naik — Sawit Indonesia

> Malaysian palm oil futures rose 0.6 percent for August delivery after four days of losses, helped by a weaker ringgit. Indonesian palm oil exports to Muslim countries rose ahead of Eid, with shipments to Bangladesh up 116 percent in April.

- Date: 2017-06-05 · published 2017-06-05T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70590-sempat-melemah-harga-cpo-mulai-naik-sawit-indonesia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker ringgit makes palm oil cheaper for foreign buyers, supporting prices, while seasonal Eid demand adds to export flows.

## Read by commodity

- USDMYR: bullish ▲
- PALMOIL: bullish ▲

## Sources

- sawitindonesia.com: https://sawitindonesia.com/sempat-melemah-harga-cpo-mulai-naik

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