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Indonesia moved to flush out palm oil inventories after exports resumed slowly following its export ban. Palm fruit prices have fallen about 75% since the ban was first announced, according to a farmers' group.
Authorities want fresh fruit bunch prices to recover to at least 3,000 rupiah per kg.
Indonesia's export policy shifts change global palm oil supply, and the flush-out push adds to downward pressure on palm oil prices. Lower domestic fruit prices also signal weaker farm-level economics for palm producers.
reuters.comBernadette Christina10 Jun 2022Setelah 400 peristiwa kebijakan bearish sebelumnya, Minyak Sawit bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +1,1%), dan +0,2% 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.
