{
    "success": true,
    "data": {
        "id": 1434157,
        "msgid": "palm-oil-prices-ends-down-1447893297",
        "date": "1999-10-21 00:00:00",
        "title": "Palm oil prices ends down",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Palm oil prices ends down KUALA LUMPUR (Reuters): Malaysian palm oil prices fell back to end lower on Wednesday after rising earlier on the back of a stronger Indonesian rupiah against the dollar. \"Selling returned in the afternoon due to the bearish sentiment,\" said a trader who expects prices to remain weak in the immediate trend. \"The Indonesian currency was just a temporary factor, that's why the market went up earlier,\" the trader said.",
        "content": "<p>Palm oil prices ends down<\/p>\n<p>KUALA LUMPUR (Reuters): Malaysian palm oil prices fell back to<br>\nend lower on Wednesday after rising earlier on the back of a<br>\nstronger Indonesian rupiah against the dollar.<\/p>\n<p>\"Selling returned in the afternoon due to the bearish<br>\nsentiment,\" said a trader who expects prices to remain weak in<br>\nthe immediate trend.<\/p>\n<p>\"The Indonesian currency was just a temporary factor, that's<br>\nwhy the market went up earlier,\" the trader said.<\/p>\n<p>A stronger rupiah would make Indonesian palm oil less<br>\ncompetitive in the export market.<\/p>\n<p>Traders said the market remained concerned over a build-up in<br>\nMalaysian palm oil stocks amid growing production and slower<br>\nexports.<\/p>\n<p>Cargo surveyor Societe Generale de Surveillance (SGS) said on<br>\nWednesday Malaysian palm oil exports for October 1-20 were<br>\nestimated at 568,442 tons against 583,925 tons in September 1-20.<\/p>\n<p>By the close, the third month January futures contract was<br>\ndown seven ringgit lower at 1,210 ringgit ($318.42) a ton after<br>\ntrading at a high of 1,237 ringgit earlier.<\/p>\n<p>Traders pegged the contract's support at 1,200 ringgit.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/palm-oil-prices-ends-down-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}