
Asian palm oil futures fell nearly 6% on Friday, with the Bursa Malaysia May contract down MR137 or 5.69% to settle below MR2,322 per tonne. The drop followed a global equity selloff as coronavirus fears spread beyond East Asia, and Dalian palm olein futures hit limit down.
Investors pulled back from commodities on fears of weaker demand from the outbreak and broader financial stress, which pressures palm oil and its link to soyoil through biodiesel demand. Feed buyers face lower vegetable oil prices, though the move is driven by sentiment rather than physical supply.
過去の弱気なマクロイベント51件の後、パーム油 は5営業日で中央値 -1.3% 動き(35% が上昇。中央50%は -4.1% から +1.1%)、20営業日では -1.8% 動きました。
過去の弱気なマクロイベント40件の後、大豆油 は5営業日で中央値 -0.8% 動き(45% が上昇。中央50%は -4.5% から +1.7%)、20営業日では -1.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
A near 6% one-day drop in Bursa Malaysia futures on Feb 28 amid a global equity selloff and coronavirus demand fears falls squarely within the 5-day window and accounts for a large part of the decline.
A near 6% one-day drop on Feb 28 on coronavirus-driven equity selloff and Dalian limit-down shows sentiment-led selling that carried momentum into the Mar 2 decline.