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Indonesia's crude palm oil and derivative exports fell about 2% to 25.7 million tons in 2016. Domestic CPO prices rose in January, with Rotterdam quoted at about US$180 per metric ton.
Regional producers reported improving prices and demand.
Lower export volumes combined with firmer prices point to tighter supply for palm-based feed ingredients and support for vegetable oil costs.
en.tempo.coTempo.co EnglishFeb 1, 2017After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% 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.
