
Malaysian palm oil futures climbed to their highest since February 2011, with the March contract up 3.44% to 3,724 ringgit a tonne. The rise followed a strike by grain inspectors in Argentina and dry weather in South America that lifted soyoil.
Floods in Indonesia and Malaysia were also flagged as a possible supply risk.
Argentine disruption and South American dryness tighten soyoil and soybean supply, and palm oil follows as a substitute, raising vegetable oil and feed fat prices.
Tras 181 eventos alcista de clima pasados, Aceite de palma se movió una mediana de +0,5 % en 5 sesiones (56% al alza; mitad central entre -0,9 % y +1,9 %), y +0,3 % en 20.
Tras 184 eventos alcista de clima pasados, Aceite de soja se movió una mediana de +0,3 % en 5 sesiones (53% al alza; mitad central entre -1,9 % y +2,4 %), y -0,5 % 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.
Reports the 3.44% Jan 4 gain, driven by soyoil strength from the Argentine inspector strike and South American dryness, plus flood-related supply risk in Malaysia and Indonesia.
Futures jumped 3.44% on Jan 4 as the Argentine inspector strike and South American dryness lifted soyoil and flood risk added supply concern.