Crude palm oil futures on Bursa Malaysia Derivatives fell below RM2,500 per tonne, their lowest since November 2019, as broader equity and commodity markets sold off on Covid-19 concerns. Soybean oil also dropped on the Chicago Board of Trade and Dalian Commodity Exchange.
AmSpec data showed Malaysian palm oil exports for February 1-25 fell 3% from the January period.
Covid-19 lockdowns and event cancellations threatened consumer and business demand, weighing on vegetable oil prices and export flows. Lower palm and soy oil prices reduce the cost of these fats for feed formulators but signal weaker demand.
과거 하락 거시 이벤트 51건 이후, 팜유은 5거래일 동안 중앙값 -1.3% 변동(상승 35%; 중간 50% 범위 -4.1%~+1.1%), 20거래일 동안 -1.8%.
과거 하락 거시 이벤트 40건 이후, 대두유은 5거래일 동안 중앙값 -0.8% 변동(상승 45%; 중간 50% 범위 -4.5%~+1.7%), 20거래일 동안 -1.5%.
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.
The 4-month low on Feb 25 and softer Malaysian exports show the selling pressure building at the start of the window, though it falls partly before the window opens.