Crude palm oil closed at MYR 4,708 a tonne on Friday, down 4.1% and the lowest since June 24, while staying below the MYR 5,000 level. Prices fell after Indonesia introduced an accelerated export program, known as flush out, which pushed prices down 14.5% in the prior week.
Industry attention is on possible further government measures.
The flush-out program accelerates Indonesian exports and clears domestic stocks, adding supply to global palm markets and pressuring prices. Further policy changes could either reinforce or reverse this pressure.
과거 하락 정책 이벤트 400건 이후, 팜유은 5거래일 동안 중앙값 -0.0% 변동(상승 49%; 중간 50% 범위 -1.3%~+1.1%), 20거래일 동안 +0.2%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
Explains that CPO fell after Indonesia's accelerated export (flush out) program, which pushed supply into the market and drove a sharp weekly drop to the lowest since June 24.
Prices fell 4.1% on July 1 after Indonesia's accelerated export (flush out) program added to export supply.
Describes Indonesia's accelerated export (flush out) program pushing prices down and the prior Friday's 4% drop, setting up the supply-glut momentum into the move.