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Palm oil prices on Europe's vegetable oils market rose after Malaysian benchmark futures ended 1.7% higher at a two-month high. Crude palm oil offers were marked up by $5 to $15 a metric ton, with August delivery quoted at $740 a metric ton CIF Rotterdam, and buyers held back ahead of USDA crop forecasts.
Tight physical palm oil supplies linked to El Niño weather support prices and raise the cost of vegetable oil for feed users. Buyers are waiting for USDA data, which could shift soy complex prices.
agweek.comReuters Media12 Agu 2016Setelah 181 peristiwa cuaca bullish sebelumnya, Minyak Sawit bergerak median +0,5% selama 5 sesi (56% lebih tinggi; separuh tengah -0,9% sampai +1,9%), dan +0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
