Indonesia’s palm oil export growth in August will hit the highest level in nearly two years melia kreiling

August, Indonesia’s palm oil export growth will hit the highest level in nearly two years, Sina fund exposure platform: letter Phi lags behind false propaganda, long-term performance is lower than similar products, how to buy a fund pit? Click [I want to complain], Sina help you expose them! Indonesia’s palm oil exports are likely to rise to their highest level in nearly two years in August, as China speeds up imports to meet demand during the holiday season. Indonesia is the world’s number one palm oil producer. According to a survey of six analysts, refiners and plantation managers in July, Indonesia’s palm oil exports are likely to grow by more than $1 million 596 thousand to $1 million 920 thousand in August, to $20%. This will be the biggest gain since 2014 of October. Market speculation that demand from China and India will lead to a decline in palm oil stocks in Indonesia and Malaysia, boosting the Malaysia derivatives exchange (BMD) palm oil prices close to the highest level in five months. China will usher in the National Day holiday, while India will also celebrate diwali. Indonesia and Malaysia account for 86% of the world’s palm oil supply. August Malaysia palm oil stocks fell to the lowest level in more than five years, and this year’s output may be reduced by 10%, because the El Nino phenomenon in the first half of the decline in yields. Indonesian palm oil board chairman Derom BAngun said the demand situation is very good. Chinese buyers purchased a lot of palm oil in the mid autumn festival. Indonesia’s palm oil exports in August was about 2 million tons. Survey results show that in August Indonesia’s palm oil production may grow 1.4% over the previous month to reach 2 million 820 thousand tons, while stocks may increase by up to 1 million 900 thousand tons. Indonesian palm oil Association (GAPKI) will be released later this month in August data. Agricultural products purchase network trading platform provider 16988- national agricultural commodities; [sugar, oil, corn, soybean, wheat, cotton, soybean meal] free resource release, purchase and docking; quote – click to view the quotation, the bulk of agricultural products into the market [shares] discuss Sina Finance相关的主题文章: