
Indonesia and Malaysia's economic and plantation ministers met in Jakarta on October 24, 2021 to strengthen bilateral cooperation on palm oil. They reiterated the need to sustain good CPO prices through higher domestic consumption and biodiesel mandates (B30 in Indonesia, B20 in Malaysia).
Producer coordination aimed at supporting prices and boosting domestic biodiesel use would tighten exportable palm supply. The statement is supportive for palm oil prices but is largely a policy intention rather than a concrete supply change.
Setelah 548 peristiwa kebijakan bullish sebelumnya, Minyak Sawit bergerak median +0,4% selama 5 sesi (61% lebih tinggi; separuh tengah -0,7% sampai +2,1%), dan +0,9% 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.