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AmBank Research said Malaysia's August exports fell 2.9 percent from July, with declines across major products including electronics and petroleum. The ringgit hit its lowest level since September 9, trading at 4.175 against the dollar.
Weak export data and a softer ringgit raise import costs for Malaysia in dollar terms, which can affect the price of imported feed ingredients. The effect on grain and oilseed prices is indirect.
dagangnews.comSep 29, 2020Not 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.
