
Malaysian palm oil futures posted their biggest monthly decline since September, with the July contract closing down 2.95% at 3,353 ringgit a tonne. Indonesia said it will cut its mandatory domestic sales threshold to 300,000 tonnes a month from May, allowing more exports, and Malaysian exports in April 1-20 fell 20.3%.
Indonesia's looser domestic sales rule adds export supply to a market already facing weak demand, which pushes palm prices lower and weighs on competing vegetable oils.
Nach 400 vergangenen Ereignisse (bearisch, Politik) bewegte sich Palmöl im Median über 5 Handelstage um -0,0 % (49% höher; mittlere Hälfte -1,3 % bis +1,1 %) und über 20 Handelstage um +0,2 %.
Nach 351 vergangenen Ereignisse (bearisch, Politik) bewegte sich Sojaöl im Median über 5 Handelstage um -0,0 % (49% höher; mittlere Hälfte -1,7 % bis +1,8 %) und über 20 Handelstage um -0,2 %.
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 oil's sharpest monthly loss and a 2.95% drop to 3,353 ringgit on April 28 came as Indonesia cut its domestic sales threshold to allow more exports, adding supply, while Malaysian exports were weak (April 1-20 down 20.3%).
Indonesia's cut of its domestic sales threshold to 300,000 t/month from May frees more export supply, and the sharpest monthly loss plus weak Malaysian exports reinforced the selling pressure.
Palm oil's biggest monthly loss in seven months and Indonesia's lower domestic sales threshold (allowing more exports) set a bearish vegoil tone going into May 1.