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The Palm Oil Refiners Association of Malaysia said India's restriction on refined palm oil imports will cost Malaysia market share. The association expects Malaysia and Indonesia to compete on price for crude palm oil sales to India.
The restriction was issued as a notification that industry sources described as an effective ban.
Malaysia's refined palm exports to India are at risk, and a price war with Indonesia could push palm export prices lower. Buyers may see cheaper palm supplies, but the trade disruption adds volatility.
nst.com.myReuters9 ene 2020Tras 158 eventos bajista de comercio pasados, Aceite de palma se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -1,3 % y +0,8 %), y -1,4 % 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.
