November 16 Indonesia palm oil spot market recap

General News Jan 1, 1970 0 views

On November 16, spot palm oil prices in Indonesia were stable with mixed changes, mainly due to strength in the crude palm oil market on the Bursa Malaysia Derivatives (BMD). Crude palm oil in Medan was quoted at 6,659-6,899 Indonesian rupiah per kg, compared with 6,465-6,655 rupiah last Friday, but no deals were concluded because buyers' bids were too low. 24-degree refined palm oil was quoted at 6,400 rupiah per kg, compared with 6,500 rupiah last Friday.

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November 16 Indonesia palm oil spot market recap

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