
Crude palm oil futures on Bursa Malaysia closed higher on January 4, reaching their highest level since February 2011, with the March contract at 3,724 ringgit a tonne. Floods in Johor and Pahang, which together supply about 30% of Malaysian output, were expected to hit January and February production.
Strength on the Chicago Board of Trade also supported prices.
Flood-related output losses in a key producing region tighten near-term palm supply, pushing prices higher and raising feed fat costs.
Nach 181 vergangenen Ereignisse (bullisch, Wetter) bewegte sich Palmöl im Median über 5 Handelstage um +0,5 % (56% höher; mittlere Hälfte -0,9 % bis +1,9 %) und über 20 Handelstage um +0,3 %.
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.
Directly reports the Jan 4 rally to a decade high, with floods in Johor and Pahang (about 30% of output) threatening Jan-Feb supply, plus CBOT strength.
Jan 4 rally to the highest since 2011 was supported by floods in Johor and Pahang (about 30% of output) threatening January-February production, plus CBOT strength.