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The Council of Palm Oil Producing Countries said palm oil prices will keep rising in the first half of 2021 as heavy rainfall in Southeast Asia keeps global supply tight until the first quarter. It expects output to recover in the second half of 2021 as high prices encourage better management.
The council also flagged structural supply constraints from slower new plantings in Indonesia and Malaysia.
Persistent weather-related supply disruption and limited new planting support palm oil prices into 2021. The expected tightness also supports demand switching from other vegetable oils, given the deficits in soy, sunflower and rapeseed oil.
biofuels-news.comBiofuels Int @biofuelsmag2020/12/02過去の強気な天候イベント181件の後、パーム油 は5営業日で中央値 +0.5% 動き（56% が上昇。中央50%は -0.9% から +1.9%）、20営業日では +0.3% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
