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CIMB Treasury and Markets Research forecasts the ringgit will trade between 4.00 and 4.10 per US dollar through year end, with a bias toward the stronger end. The bank cites electronics-led trade surplus, foreign bond inflows and exporter currency conversion.
It expects exports to grow 35% year on year in the fourth quarter.
A stronger ringgit lowers the local cost of imported feed ingredients such as soymeal and corn, though the forecast is a currency view rather than a supply event.
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.