Indonesia's palm oil spot prices mixed on November 16
Indonesia's palm oil spot market prices mixed on November 16
Comprehensive foreign news, November 16 - On Monday (November 16), Indonesia's palm oil spot market prices were steady with mixed changes, mainly due to strength in the crude palm oil market on the Malaysia Derivatives Exchange (BMD).
Medan crude palm oil was quoted at 6,659 to 6,899 Indonesian rupiah/kg, compared with 6,465 to 6,655 Indonesian rupiah/kg last Friday (November 13), but no deals were concluded because buyers' bids were too low; 24-degree refined palm oil was quoted at 6,400 Indonesian rupiah/kg, compared with 6,500 Indonesian rupiah/kg last Friday.
Medan crude palm oil was quoted at 6,659 to 6,899 Indonesian rupiah/kg, compared with 6,465 to 6,655 Indonesian rupiah/kg last Friday (November 13), but no deals were concluded because buyers' bids were too low; 24-degree refined palm oil was quoted at 6,400 Indonesian rupiah/kg, compared with 6,500 Indonesian rupiah/kg last Friday.