
Malaysian palm oil futures fell sharply after Dalian futures dropped their daily limit of 7% when trading resumed following China's Lunar New Year break. The coronavirus outbreak has disrupted travel and activity in China, the second-largest palm oil importer.
India had also restricted refined palm oil imports and informally halted purchases from Malaysia in January.
Lower Chinese demand combined with India's import curbs removes major outlets for Malaysian palm oil, pressuring prices. Traders see the benchmark possibly falling below 2,500 ringgit if disruption persists.
과거 하락 무역 이벤트 158건 이후, 팜유은 5거래일 동안 중앙값 +0.0% 변동(상승 51%; 중간 50% 범위 -1.3%~+0.8%), 20거래일 동안 -1.4%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
Dalian futures fell their 7% daily limit on reopening after Lunar New Year, and coronavirus disruption in China plus Indian import curbs drove the sharp drop in Malaysian palm futures on Feb 3.
Dalian palm futures hit limit-down on reopening after Lunar New Year while coronavirus disrupted demand from China and India curbed refined palm imports, directly driving the sharp drop in Malaysian futures.