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India's Solvent Extractors' Association says India is likely to buy more Malaysian palm oil after Indonesia's export taxes hit record highs. Indonesia's share of India's palm oil imports fell to 55% in January-September, while Malaysia's rose to 45%.
India also cut base import duties on palm, soy and sunflower oils in September.
Shifting Indian demand toward Malaysian palm oil supports Malaysian prices and widens Indonesia's export discount. High Indonesian levies keep the cost of its palm oil elevated for buyers.
staging-beta.freemalaysiatoday.comFMT Reporters2 Des 2021Setelah 133 peristiwa perdagangan bullish sebelumnya, Minyak Sawit bergerak median +0,7% selama 5 sesi (64% lebih tinggi; separuh tengah -0,8% sampai +2,3%), dan +1,7% 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.
