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Indonesia's palm oil stockpile fell to 4.04 million tonnes at the end of August, down from 5.91 million a month earlier and 6.69 million at end-June, according to GAPKI estimates. Biodiesel demand is rising, with Indonesia exporting 206,000 tonnes in January-August versus 167,000 tonnes for all of 2021.
Rains are cutting output and demand is strengthening.
Falling Indonesian stocks and stronger biodiesel demand tighten global palm supply, supporting palm oil prices and their discount-to-soyoil relationship.
在过去 181 次看涨的天气事件之后,棕榈油 在 5 个交易日内中位数变动 +0.5%(56% 上涨;中间一半区间为 -0.9% 至 +1.9%),20 个交易日内为 +0.3%。
在过去 18 次中性的天气事件之后,豆油 在 5 个交易日内中位数变动 +2.6%(72% 上涨;中间一半区间为 -0.4% 至 +3.5%),20 个交易日内为 +3.6%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。