Loading…

The ringgit firmed against the US dollar on May 20, trading at 3.9675/9715 from 3.9745/9785, after Malaysia reported record April exports of RM182.74 billion, up 36.9%. Analysts cited unresolved West Asia tensions and inflation concerns linked to the Strait of Hormuz blockade.
Strong export growth and currency moves affect the cost of imported feed inputs and Malaysian palm oil pricing, with the impact on feed commodities being modest.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.