Glenoak: Palm oil prices may rise to 5,000 ringgit/ton by mid-next year
智通财经2026/11/13 07:36Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
⑴ According to consulting firm LMC International, due to a global supply reduction of 4.6 million tons compared to 2026, palm oil prices may climb to 5,000 ringgits per ton by mid-next year.⑵ LMC economist Julian Conway McGill said at the Indonesian Palm Oil Conference on Friday that next year's palm oil supply will shrink, mainly due to reduced production in Indonesia, while the world's largest producer is also seeing higher demand for biodiesel.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$68,595.71
-6.74%
Ethereum
ETH
$1,933.54
-5.59%
Tether USDt
USDT
$0.9990
+0.04%
BNB
BNB
$632.35
-6.08%
USDC
USDC
$0.9998
+0.00%
XRP
XRP
$1.03
-1.63%
Solana
SOL
$79.83
-3.69%
TRON
TRX
$0.3109
-1.80%
Hyperliquid
HYPE
$71.29
-0.07%
Zcash
ZEC
$942.98
-4.25%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now