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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
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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
- Further stockpiling is not recommended
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