
Malaysian palm oil futures for August delivery closed down 0.67% at 3,845 ringgit a tonne, their lowest close in seven weeks. Malaysia's June 1-10 exports fell 14.3% from the same period in May, according to cargo surveyor Amspec Agri.
MPOB data showed May stocks rose only 1.49% to 1.57 million tonnes, below expectations.
Slower June export shipments point to weaker palm demand, which outweighs the smaller-than-expected inventory build. The market is watching June export performance for further direction.
Nach 96 vergangenen Ereignisse (bearisch, Bericht) bewegte sich Palmöl im Median über 5 Handelstage um -0,1 % (48% höher; mittlere Hälfte -1,3 % bis +1,6 %) und über 20 Handelstage um -0,9 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Palm hit a seven-week low on June 10 on weak June 1-10 exports (-14.3%), a demand-side driver within the window.
Palm hit a seven-week low on June 10 on a 14.3% drop in early June exports, signaling weak demand and trade flow.