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Malaysian palm oil inventories rose 9.3% in September from August to 2.4 million tonnes, the first monthly gain in seven months and the highest in five months. September output rose 1.2% to 1.8 million tonnes but was below expectations, while exports fell 18.8% on lower Indian demand after India raised its refined palm oil tax.
Rising stockpiles and weaker export demand add bearish pressure on palm oil prices. Traders expect stocks to keep building into November, which weighs on vegetable oil values.
financialpost.comReuters10 oct 2019Tras 96 eventos bajista de informe pasados, Aceite de palma se movió una mediana de -0,1 % en 5 sesiones (48% al alza; mitad central entre -1,3 % y +1,6 %), y -0,9 % 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.
