Loading…
The shortage of sunflower and rapeseed oils, where Russia and Ukraine supply nearly 75% of global exports, may push the EU to buy more palm oil from Malaysia and Indonesia. Analysts noted that low Malaysian output may limit its ability to meet the extra demand.
Closed Ukrainian crushing plants and ports have disrupted sunflower oil and meal flows.
Expected EU switching toward palm oil supports CPO prices, though limited Malaysian output caps how much of the gap can be filled.
ukragroconsult.comApr 12, 2022After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
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.
