
Indonesian palm oil exports (CPO, PKO and derivatives) hit a 2018 high of 2.99 million tonnes in August, though January-August volumes were down 2% year on year. The Indonesian Palm Oil Association said strong global demand did not lift prices, as cheap CPO encouraged buyers to stock up.
Strong export demand is being offset by low prices and buyer stockpiling, so the trade flow is not providing price support.
Setelah 67 peristiwa perdagangan netral sebelumnya, Minyak Sawit bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +1,3%), dan +0,6% 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.