
Malaysian palm oil futures fell over 2% on June 1 to 3,919 ringgit a tonne. The decline followed slower May exports, Indonesia's higher June crude palm oil export tax, and a two-week nationwide lockdown in Malaysia.
Slower export pace and a higher Indonesian export tax reduce demand for Malaysian palm oil, while the lockdown adds pressure on sentiment. Together these point to softer palm prices in the near term.
Setelah 158 peristiwa perdagangan bearish sebelumnya, Minyak Sawit bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +0,8%), dan -1,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Palm oil futures fell on slower May exports, Indonesia's higher June CPO export tax and a Malaysian two-week lockdown, which together point to weaker demand and trade flow; the date is a day later than the move, but the drivers match.