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The Malaysian Palm Oil Council reported on its October 2021 POINTERS seminar, where experts reviewed the CPO price trend through the third quarter. They also outlined factors likely to shape prices in the final three months of 2021.
Expert views on the drivers of the rest of 2021 help buyers gauge palm oil price risk, but the outlook is not a clear directional signal.
mpoc.org.myNov 2, 2021After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% 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.
