Overview of Indonesia's Palm Oil Spot Market
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Last Update: 2002-04-20
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Source: Internet
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Author: User
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Introduction: Dow Jones Singapore, April 18: Indonesian traders said Thursday that spot palm oil prices fell slightly due to the strong rupiah Jakarta 24 degree refined palm oil reported idr3525 / kg (US $9375), FOB, port of Java, down 25 IDR from Wednesday Medan, crude palm oil, reported idr3140 per kilogram, including freight, down 10 rupiah Traders in Medan said supply has been tight in the near future as sellers have sold off heavily in recent months and palm oil prices are unlikely to rise because of the strong rupiah Palm oil exports are quoted in US dollars, and the strong Indonesian rupiah will inevitably lead to a decline in domestic prices (author:) share to feed Weibo share to:
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