
Malaysian palm oil futures fell as much as 5.7% on March 15, extending losses to a fourth session. Weaker crude, speculative selling and COVID-19 cases surging in China, a key buyer, weighed on prices.
Weaker demand from China and lower crude prices pressure palm oil and related vegetable oils, while Indonesia's export rule changes remain a watch point for supply.
Setelah 51 peristiwa makro bearish sebelumnya, Minyak Sawit bergerak median -1,3% selama 5 sesi (35% lebih tinggi; separuh tengah -4,1% sampai +1,1%), dan -1,8% selama 20 sesi.
Setelah 40 peristiwa makro bearish sebelumnya, Minyak Kedelai bergerak median -0,8% selama 5 sesi (45% lebih tinggi; separuh tengah -4,5% sampai +1,7%), dan -1,5% selama 20 sesi.
Setelah 565 peristiwa makro bearish sebelumnya, Minyak Mentah (WTI) bergerak median -1,4% selama 5 sesi (41% lebih tinggi; separuh tengah -5,9% sampai +3,0%), dan -0,5% 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.
Palm's continued losses through March 15 on weaker crude, speculative selling and China COVID demand worries extended the vegetable oil selloff and weighed on soybean oil.
Palm oil extended losses to a fourth session on March 15 on weak crude, speculative selling and China COVID concerns, and palm weakness spills into soybean oil as a close substitute, which fits a sharp drop in mid-March.