Stronger Palm Oil Amind More Reports of Dry Weather in Asia
date:Mar 15, 2019
les of slow supply of raw nuts has seen prices in Indonesia firm up slightly. The bigger effect has been shippers there reducing just how forward they will offer. Some Indonesian shippers will now only offer for the next couple of months. Philippine shippers are also now not keen to offer too far forward with few offers after September shipment. It all looks like a market gearing up for prices to rise.
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