BLOOMBERG SURVEY: Malaysian palm oil stockpiles rose to a 5-month high in July, as production rebounded and outweighed a surge in exports.
🌴Stocks +1.1% m/m to 1.85m tons
🌴Output +13% m/m to 1.83m tons
🌴Exports +25% to 1.52m tons -- highest level since Sept 2021
By @ekoio
Across swathes of Southeast Asia, maturing palm oil trees, some as tall as a 12-storey building, are turning into a multi-billion dollar headache for local farmers, regional governments and consumers everywhere.
With @ekoio#palmoil#agri
https://t.co/6eGdArpR18 via @business
Bloomberg Survey: Malaysian end-Aug. #palmoil stockpiles may jump 10% to a 6-month high of 1.90 million tons
🌴Aug. production +7.5% to 1.73 million tons, highest since Oct. 2022
🌴Exports -1.5% to 1.33 million tons
What's next for palm prices?
@BNCommodities#agriculture#FCPO
The company behind an industrial park in Indonesia that is becoming a nickel production powerhouse says it is implementing measures to address growing environmental concerns https://t.co/eA2VNiEdCH
The company behind an industrial park in Indonesia that is becoming a nickel production powerhouse says it is implementing measures to address growing environmental concerns https://t.co/x59T7I2sHK
The company behind an industrial park in Indonesia that is becoming a nickel production powerhouse says it is implementing measures to address growing environmental concerns https://t.co/GV6SLZwyZt
The green minerals boom has triggered a scramble for natural resources. Countries rich with raw materials are trying to capitalize on it without falling victim to the “resource curse” (via @MyStephanomics@ClaireJiao@jfarchy@MollySmithNews) https://t.co/qDkZiiJLU4
Got to narrate a little bit of this week's @MyStephanomics podcast, with the help of @annieLee23! The race for critical minerals is heating up - and developing nations are looking to strike gold. Indonesia will be a crucial test case. ⛏️👷♀️
Exclusive: El Niño and US drought mean everything from candy to instant noodles could get more expensive in the second half of the year.
Read more:
https://t.co/edOeb1vO0B
@BNCommodities#oatt#palmoil#fcpo#elnino#agri
A little bit of holiday economics -- Indonesians will get an extended Eid al-Adha break next week as the government hopes this will spur local travel and shopping
https://t.co/7S804Yv38b