Laden…
Malaysian palm oil futures for August delivery closed down 0.67% at 3,845 ringgit a tonne, their lowest close in seven weeks. Malaysia's June 1-10 exports fell 14.3% from the same period in May, according to cargo surveyor Amspec Agri.
MPOB data showed May stocks rose only 1.49% to 1.57 million tonnes, below expectations.
Slower June export shipments point to weaker palm demand, which outweighs the smaller-than-expected inventory build. The market is watching June export performance for further direction.
brecorder.comReuters10 jun 2021Na 96 eerdere neerwaarts rapport-gebeurtenissen bewoog Palmolie zich mediaan -0,1% over 5 sessies (48% hoger; middelste helft -1,3% tot +1,6%), en -0,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Palm hit a seven-week low on June 10 on weak June 1-10 exports (-14.3%), a demand-side driver within the window.
Palm hit a seven-week low on June 10 on a 14.3% drop in early June exports, signaling weak demand and trade flow.
