Malaysian plantation companies with large Indonesian holdings are unable to fully capture current high crude palm oil prices because of Indonesia's new 20% domestic obligation at fixed prices. CPO futures hit a record intraday high of RM5,700 per tonne before closing at RM5,587.
The obligation took effect on 3 February 2022 to curb rising domestic cooking oil prices, which were up about 40% year on year.
The domestic obligation caps the price on a share of Indonesian output, limiting the benefit of high global palm prices and widening the domestic discount.
Na 513 eerdere neutraal beleid-gebeurtenissen bewoog Palmolie zich mediaan 0,0% over 5 sessies (50% hoger; middelste helft -1,6% tot +1,4%), en -0,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.