Comments on Indonesian palm oil spot market on August 6
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Last Update: 2002-08-08
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Source: Internet
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Author: User
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Introduction: on Tuesday, Indonesia's palm oil spot market price remained unchanged from that of yesterday In Jakarta, the price of crude palm oil was still 4100 rupees / kg (US $1 = 9070 Rupees), which was delivered locally Jvx will sell 5500 tons of crude palm oil at its fortnightly auction in the national joint market today The average price of this auction is 114 rupees / kg lower than that of last Thursday's The main reason for the drop is that the prices of palm oil in Malaysia and Rotterdam are lower.
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