热门标签

以太坊开奖网(www.326681.com):Palm oil prices to fall more due to distress selling by Indonesia

时间:3个月前   阅读:4   评论:1

以太坊开奖网www.326681.com)采用以太坊区块链高度哈希值作为统计数据,以太坊开奖网(联博统计)数据开源、公平、无任何作弊可能性。联博统计免费提供API接口,支持多语言接入

Indonesia's domestic crude palm oil prices also suffered because of the immense oversupply and difficulties in restarting exports, said Julian McGill, LMC International's head of the Southeast Asia region at an industry conference.

KUALA LUMPUR: Palm oil prices will weaken further in the short term due to softer demand and "distress selling" by top producer Indonesia, commodities consultancy LMC International forecast on Tuesday.

Malaysia's benchmark crude palm oil prices FCPOc3 rose to record highs earlier this year as Russia's invasion of Ukraine and a temporary export ban by Indonesia tightened global edible oil supply.

Despite lifting the ban, Indonesia's exports have not reverted to normal levels as the government required companies to sell a portion of output at home before issuing export permits, in a bid to control local cooking oil prices.

This has led to a surge in stocks and a slump in prices.

Indonesia's domestic crude palm oil prices also suffered because of the immense oversupply and difficulties in restarting exports, said Julian McGill, LMC International's head of the Southeast Asia region at an industry conference.

,

皇冠怎么注册用户www.hg108.vip)皇冠怎么注册用户?皇冠真会员、代理注册其实很简单。访问网址www.hg108.vip,点击注册,然后充值USDT(需要实现到欧易平台购买到USDT),充值成功后,页面会展示账号资料给您。hg108.vip是皇冠正网在线上开设使用USDT充值、USDT结算的直营平台,资金安全,匿名性高。

,

"You are going to see a weakness in prices as Indonesia becomes a truly distressed seller," McGill added.

Last week, Indonesia said it was considering removing the domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding back a recovery of palm oil fruit prices.

Clear signs of reduced demand and upcoming peak production in Indonesia will further weigh on the market, he said.

"So you're having to work with the fact that there is more and more oil coming, how do you get rid of it. This is a disaster," he added.

When Indonesian exports return to normal levels, its palm oil supply will head to Malaysia, the second biggest palm oil producer, he said. - Reuters


转载说明:本文转载自Sunbet。

上一篇:皇冠登录线路:炉石传说|标准一百新版本奶骑的一些心得

下一篇:皇冠网址(www.hg108.vip):Shahrir paid RM549,090 for rehabilitation work on Larkin project, says witness

网友评论