
A Bloomberg-reported poll of 12 estimates puts Malaysian July palm stockpiles near 2.23 million tons, a 19-month high and a fifth monthly gain. Benchmark futures fell 1.7% to 4,175 ringgit by midday on Monday.
Higher stockpiles and sluggish overseas demand weigh on palm prices during the production peak. Firm Indian buying ahead of festivals and Indonesian biodiesel demand limit the downside.
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.
Monday 4 Aug saw futures fall midday on expectations of a 19-month-high Malaysian stock build, but the move in question is a +2.40% gain, so this explains bearish pressure rather than the rise; low-moderate relevance via the rebound being a bargain-buying reaction.
Futures fell 1.7% on Aug 4 on bearish stock expectations, creating the lower base that invited bargain buying and the rebound on Aug 5.