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India's Solvent Extractors' Association urged members to avoid buying Malaysian palm oil in solidarity over Kashmir, after Malaysia's prime minister criticised India's Kashmir policy. Indian buyers largely shifted purchases from Malaysia to Indonesia as a precaution, and India had bought over 4 million tonnes from Malaysia in January-October 2019.
A boycott by India, the largest edible oil importer, removes a major source of demand for Malaysian palm oil and shifts purchases toward Indonesia. This pressures Malaysian palm oil prices and export volumes.
bbc.comUpasana Bhat, Pratik Jakhar1 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.
