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Reuters poll estimates Malaysia's end-July palm oil stocks fell 11.94% from June to 1.67 million tonnes, the lowest since June 2017. Production is expected to drop 5% on labour shortages linked to the coronavirus outbreak and heavy rain.
July exports are seen rising 2% to 1.74 million tonnes.
Tighter stocks and lower output reduce available palm oil supply just as export demand holds up, supporting prices. Buyers should expect firmer vegetable oil costs in the near term.
klsescreener.com5 Agu 2020Setelah 149 peristiwa laporan bullish sebelumnya, Minyak Sawit bergerak median +0,5% selama 5 sesi (57% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,8% 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.
