
Fitch Solutions expects the global palm oil market to run a narrow 100,000-tonne deficit in 2022/23, the first annual net deficit since 2015/16. The deficit is driven by Indonesia's higher biofuel blending mandate, which it projects will cut Indonesian exports.
Fitch keeps its RM3,800 per tonne 2023 price forecast with upside risks.
A tighter global balance from Indonesian biodiesel demand reduces export supply and supports palm oil prices. Feed buyers should expect firm vegetable oil prices through 2023.
Setelah 149 peristiwa laporan bullish sebelumnya, Minyak Sawit bergerak median +0,5% selama 5 sesi (57% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,8% 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.