$Crude Palm Oil Futures(FEB5) (FCPOmain.MY)$ Indonesia had d...
$Crude Palm Oil Futures(FEB5) (FCPOmain.MY)$ Indonesia had devised a scheme over the years.
And its now matured enough to put into practice.
Reduce supply to increase palm oil price.
When demand dropped. Absorbed by biodiesel.
Feeding to supply constraint again palm oil rise.
So effectively Indonesia is the one controlling palm oil price.
If biodiesel demand is stagnant.
Bensa or Biogasoline and SaF will take over the baton.
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