
Malaysian palm oil futures fell over 3% on April 1, 2022, logging their first monthly decline of the year after India extended its edible oil and oilseed stock limit to Dec. 31.
Crude oil fell more than $5 on reports the US may release strategic reserves, and Russia announced sunflower seed export bans and a sunflower oil export quota.
Weaker crude reduces palm's appeal as biodiesel feedstock, and Russia's sunflower restrictions tighten the vegetable oil supply, which supports meal and oil alternatives. Net price direction for palm and soyoil was lower on the day.
Setelah 400 peristiwa kebijakan bearish sebelumnya, Minyak Sawit bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +1,1%), dan +0,2% selama 20 sesi.
Setelah 351 peristiwa kebijakan bearish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,8%), dan -0,2% selama 20 sesi.
Setelah 215 peristiwa kebijakan bearish sebelumnya, Minyak Mentah (WTI) bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -4,4% sampai +3,3%), dan +0,2% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.
Directly dated April 1: palm fell over 3% as India extended its edible oil stock limit (weaker import demand sentiment) and crude dropped over $5 on possible US strategic reserve release, cutting biodiesel appeal.
On April 1 palm fell over 3% as India extended its edible oil stock limit (curbing import demand) and crude dropped over $5 on possible US reserve release, directly driving the final-day drop.
Confirms crude dropped over $5 on US SPR release reports, though dated April 1, just after the window ended.