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For DMG , shall I buy now or wait ?

For DMG , shall I buy now or wait ?

DMG price has been fluctuative since September ,2021 . And it has come to the highest point lately in history .   The main reason for this is :   RAW MATERIAL — PALM OIL   Indo...
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DMG price has been fluctuative since September ,2021 . And it has come to the highest point lately in history .   The main reason for this is :   RAW MATERIAL --- PALM OIL   Indonesia new exporting policy for Palm oil ; Global veg oil supplies squeezed by Russia- Ukraine conflicts ;Palm supply could be down by 100,000 T/month   So ,what shall the importers do ?  
  • Check market request and make stock accordingly
Due to the new round of COVID-19 spreading in China ,the tense situation of raw material short still needs sometime to resume .  
  • Further stockpiling is not recommended
On Mar 17th , Indonesian government increased the export duty instead of the new DMO (Domestic Marketing Obligation) policy , the market is expecting a positive feedback on DMG price .   Subscribe us ,to get the newest market information for food ingredients from Chemsino
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