The ICDX tin price movement strengthened by 0.35% in a week to a level of 28,520 influenced by Wa State, Myanmar released a comprehensive implementation plan for the suspension of mining activities.
CPOTR price movement increased by 10.68% in a week to a level of IDR 11,300/kg due to rising prices of soybean oil and crude oil, which also strengthened CPO prices.
Minyak kelapa sawit atau yang dikenal juga dengan Crude Palm Oil (CPO) banyak dimanfaatkan sebagai bahan baku produk seperti sabun, biodiesel, mentega, minyak goreng, dan berbagai produk lainya.
ICDX gold price was hit by -0.03% compared to the previous week influenced by US employment resilience data enabling policy interest rates to remain high. Market caution awaits the results of the Fed meeting scheduled for June 13-14 regarding the sustainability of interest rate policy.
ICDX tin price movement weakened by 0.59% in a week to a level of 26,950 influenced by the Fed's hawkish statement which made the US dollar index strengthen.
The price of the ICDX oil contract closed lower at $72.13 a barrel for the week ended May 26, amid concerns over talks of the US debt ceiling and the possibility of further hikes in US interest rates.
CPOTR price movement decreased by 6.82% in the week to a level of IDR 11,685/Kg after buyers in southern India replaced palm oil with sunflower oil, which is traded at a big discount compared to tropical oil and Malaysia said they are not hiring workers from Bangladesh.
Perkembangan Kelapa Sawit Indonesia, pada pemerintahan Orde Baru pengelolaan bisnis komoditi ini memasuki era menciptakan lapangan kerja demi kesejahteraan masyarakat. Produksi kelapa sawit yang begitu melimpah ini menjadikan Indonesia sebagai penghasil kelapa sawit terbesar di dunia. Pentingnya peran pada komoditas CPO ini membuat pemerintah berfokus pada akselerasi perdagangan CPO melalui bursa berjangka. Peran infrastruktur pasar CPO dalam price discovery adalah untuk menciptakan harga acuan dalam negeri. Pasalnya Indonesia telah menjadi produsen CPO terbesar di dunia sehingga menjadi penting apabila terdapat harga acuan dalam negeri.