
Gro Intelligence analysis says La Niña's expected exit should lift Southeast Asian palm oil output in 2023. Yields could then fall in 2024 as drier conditions follow La Niña and possible El Niño develops.
Indonesia and Malaysia together supply about 85% of world palm oil, and palm prices have fallen more than 40% from their May 2022 peak.
Near-term supply is expected to improve, which is bearish for palm oil, but a 2024 drop in output could support prices later. This mixed outlook points to renewed volatility in palm oil and related vegetable oil markets.
Setelah 19 peristiwa cuaca netral sebelumnya, Minyak Sawit bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -0,4% sampai +1,1%), dan +2,4% 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.