
Prices for commodities including natural rubber, coal and crude palm oil fell in February as demand from China weakened. The Wuhan coronavirus outbreak is expected to push prices lower further during the Chinese New Year slowdown.
Reduced Chinese industrial and consumer demand weighs on regional commodity exports, including palm oil. Lower import demand from China pressures Southeast Asian vegetable oil prices.
Setelah 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.
Links the coronavirus-driven fall in Chinese demand to lower commodity prices including crude palm oil, consistent with a broad risk-off demand shock.