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Palm oil prices have dropped to about 2,400 ringgit a tonne from 2017 highs of 3,300 as Malaysian and Indonesian production rebounded since October. Rabobank's Stefan Vogel expects global production to reach 70 million tonnes in 2017/18 against demand of about 65 million, but does not see prices falling much further.
Rebounding supply has pushed palm prices lower, though Rabobank expects a floor from demand that is stronger than reported figures suggest.
thegrocer.co.ukCarina Perkins12 Apr 2018Setelah 96 peristiwa laporan bearish sebelumnya, Minyak Sawit bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,3% sampai +1,6%), 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.
