Memuat…
Brokers and traders forecast palm oil prices could fall in coming weeks if the coronavirus continues disrupting travel and leads to wider shutdowns of offices, malls and factories. Malaysia is counting on instant noodle production to support palm oil demand in China.
A shutdown-driven drop in food-service demand would weaken palm oil consumption, while stronger packaged-food output could partly offset it. The net effect points to downward pressure on palm prices.
reuters.comMei Mei Chu4 Feb 2020Setelah 10 peristiwa penyakit bearish sebelumnya, Minyak Sawit bergerak median +0,4% selama 5 sesi (50% lebih tinggi; separuh tengah -5,0% sampai +1,3%), dan -8,5% 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.
Traders expected further price declines if coronavirus shutdowns spread in China, reinforcing bearish demand sentiment, though noodle demand offers partial support.
