
Palm oil traders, analysts and plantation executives are gathering in Bali for an Indonesian palm oil conference from October 30 to November 1. Key topics include Indonesia's biodiesel mandate and a trade spat between Malaysia and India that began after Malaysia criticised India's Kashmir policy.
Indian buyers have started switching to Indonesia over fears of import curbs.
Possible Indian restrictions on Malaysian palm oil could depress Malaysian prices and shift trade flows toward Indonesia. Biodiesel mandate expansion is a supportive offset for demand.
Setelah 158 peristiwa perdagangan bearish sebelumnya, Minyak Sawit bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +0,8%), dan -1,4% 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.