Achi News Updates,
Edible oil demand in the three major markets is more mixed, a top industry analyst told an industry conference on Friday, with India showing growth while China has shown few signs of overcoming the impact of the COVID-19 lockdowns.
Palm oil prices at Indonesia’s Sumatra ports will drop from $940 to $920 a tonne, said James Fry, president of LMC International Commodities Consultancy. Tons in June.
LMC’s Oil Palm service forecasts the production of CPO and PKO and its downstream products – refined oils, oleochemicals and biodiesel. Covering major producers: Indonesia & Malaysia, Thailand, Colombia, Honduras & Guatemala, the service covers 90% of global production. For Indonesia and Malaysia, we provide detailed data and forecasts by region.
The service forecasts CPO and PKO production in each country quarterly two years ahead. It gives a clear overview of production, area, yield, replanting rates, trade and input costs. You will receive updated analysis and forecasts every quarter.