
Malaysian palm oil futures rose to their highest since February 2011 after a Reuters survey showed December stockpiles falling to a 13-year low. The March contract closed up 0.86% at 3,756 ringgit a tonne.
Indonesia also reported biodiesel output for January to November 2020.
Lower Malaysian inventories and steady biodiesel demand keep palm oil supply tight, supporting prices for vegetable oil and feed fat buyers.
Na 149 eerdere opwaarts rapport-gebeurtenissen bewoog Palmolie zich mediaan +0,5% over 5 sessies (57% hoger; middelste helft -1,1% tot +1,8%), en +0,8% 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.
Palm futures hit a 10-year high on Jan 5 after a Reuters survey showed December stocks at a 13-year low, a direct supply-tightness driver within the window.