- CPO prices have eased off following declining crude oil price. Lower crude oil prices could reduce interest in biodiesel for the energy segment
- Total export rose by 6% mom and 11% yoy to 1.31m tonnes on strong demand from India, a traditional market for palm oil
- Production rose 12% mom and 13% yoy on seasonally high production cycle
- Inventory rose 7% mom and 25% yoy, as export growth couldn't catch up with production growth
Full Article : MaybanSec Research
No comments:
Post a Comment