Malaysian palm oil prices strengthened as Q3 production came in lower than expected. Stock building also slowed.
Demand from India and China has increased amid trade barriers with Indonesia, and domestic B20 biodiesel implementation next year could absorb up to 15% of output.
Lower-than-expected output and slowing stock builds tighten supply and support palm oil prices. Expected biodiesel demand reduces the need for export markets.
Setelah 181 peristiwa cuaca bullish sebelumnya, Minyak Sawit bergerak median +0,5% selama 5 sesi (56% lebih tinggi; separuh tengah -0,9% sampai +1,9%), dan +0,3% 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.