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Asian palm oil buying interest slowed in the week ending May 21 as traders waited for Indonesia's decision on its $255/mt export levy. Sources said a $100/mt cut has been proposed and could be announced in coming weeks, but no official announcement had been made.
Buyers are holding off until the levy outcome is known, which reduces near-term demand and pressures palm prices. A cut would lower Indonesian export costs and could boost export supply.
spglobal.com20 may 2021Tras 400 eventos bajista de política pasados, Aceite de palma se movió una mediana de -0,0 % en 5 sesiones (49% al alza; mitad central entre -1,3 % y +1,1 %), y +0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
