# Palm Oil News - The Trade Run Well but Did not Make the CPO Price Better

> Indonesian palm oil exports (CPO, PKO and derivatives) hit a 2018 high of 2.99 million tonnes in August, though January-August volumes were down 2% year on year. The Indonesian Palm Oil Association said strong global demand did not lift prices, as cheap CPO encouraged buyers to stock up.

- Date: 2018-10-02 · published 2018-10-02T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/7624-palm-oil-news-the-trade-run-well-but-did-not-make-the-cpo-price-better
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Strong export demand is being offset by low prices and buyer stockpiling, so the trade flow is not providing price support.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-11-13 | [Palm Oil News - Malaysia Runs Cheaper CPO Export Tariff](https://feedsoft.ai/events/15866-palm-oil-news-malaysia-runs-cheaper-cpo-export-tariff.md) | +2.4% | -4.6% |
| PALMOIL | 2019-04-29 | [China palm oil deal unlikely to bump up CPO prices](https://feedsoft.ai/events/6146-china-palm-oil-deal-unlikely-to-bump-up-cpo-prices.md) | -7.8% | -7.9% |
| PALMOIL | 2017-11-29 | [The Trade Numerologist: Palm Oil, From EU To Asia](https://feedsoft.ai/events/67868-the-trade-numerologist-palm-oil-from-eu-to-asia.md) | -2.5% | -5.4% |
| PALMOIL | 2017-12-19 | [Palm Oil News - Palm Oil Dumping Fatty Alcohol is Not Over yet](https://feedsoft.ai/events/67364-palm-oil-news-palm-oil-dumping-fatty-alcohol-is-not-over-yet.md) | -0.6% | +3.1% |
| PALMOIL | 2021-06-08 | [WTO to Review Malaysia-EU Palm Oil Spat. What Happens Next? – The Diplomat](https://feedsoft.ai/events/46595-wto-to-review-malaysia-eu-palm-oil-spat-what-happens-next-the-diplomat.md) | -11.7% | -7.3% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/6968/the-trade-run-well-but-did-not-make-the-cpo-price-better

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