◂ Gebeurtenissenverloop

28 sep 2022MACROMaleisië

Palm hits lowest in over 1-1/2 years as recession fears dent demand - Markets

Malaysian palm oil futures fell 8.46% on Wednesday to close at 3,225 ringgit per tonne, touching their lowest since February 2021 intraday. Losses were driven by recession fears, a stronger dollar and selling by traders clearing long positions.

WAAROM HET ER TOE DOET

Weaker demand for edible oils amid recession fears pushes palm oil prices lower, reducing the cost of vegetable oil substitutes for feed formulators.

BETREFTPalmolie▼Sojaolie▼Amerikaanse dollar (breed)▲

BRON
brecorder.comReuters28 sep 2022

Koersreactie & historie

Palmolie▼neerwaartsTOT NU TOE1d -1,2%5d -4,7%20d +1,1%

Na 51 eerdere neerwaarts macro-gebeurtenissen bewoog Palmolie zich mediaan -1,3% over 5 sessies (35% hoger; middelste helft -4,1% tot +1,1%), en -1,8% over 20.

1 jul 2022Palm oil falls 4% on recession fears, higher supply outlook - Markets - Business Recorder-24,3%
16 mrt 2022Palm extends losses - Markets - Business Recorder+1,1%
28 feb 2020Palm oil heads for worst week in 11 years on demand destruction | The Star-4,9%
28 feb 2020Asian palm oil market drops 5.7% on coronavirus fears | S&P Global-4,9%
25 feb 2020Crude palm oil futures hit 4-month low on uncertain market sentiment | Malay Mail-13,3%

Sojaolie▼neerwaartsTOT NU TOE1d -0,1%5d +2,6%20d +9,3%

Na 40 eerdere neerwaarts macro-gebeurtenissen bewoog Sojaolie zich mediaan -0,8% over 5 sessies (45% hoger; middelste helft -4,5% tot +1,7%), en -1,5% over 20.

1 jul 2022Palm oil falls 4% on recession fears, higher supply outlook - Markets - Business Recorder-7,8%
16 mrt 2022Palm extends losses - Markets - Business Recorder+1,2%
10 mrt 2020Fear in the Market Drives Dow and Crude Oil Lower, Drags Ag Markets Along | Hoosier Ag Today-8,5%
28 feb 2020Asian palm oil market drops 5.7% on coronavirus fears | S&P Global+0,9%
19 mei 2021Oil prices dive $2 on fears of Asian pandemic, possible U.S. rate hikes | Reuters-1,2%

Amerikaanse dollar (breed)▲opwaartsTOT NU TOE1d -0,3%5d -1,8%20d -1,5%

Na 2.356 eerdere opwaarts macro-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan +0,2% over 5 sessies (60% hoger; middelste helft -0,3% tot +0,7%), en +0,4% over 20.

31 mrt 2021Dollar hits new one-year high to yen on US pandemic recovery optimism - Markets - Business Recorder-0,9%
30 jun 2022Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder+1,5%
1 jul 2021Long bets cut on Asian FX; Fed tapering fears, virus spike hits rupiah - Markets - Business Recorder+0,5%
28 sep 2021Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder+0,5%
25 sep 2023Sterling hits fresh multi-month lows on dollar and euro - Markets - Business Recorder+0,6%

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.

Gekoppelde prijsbewegingen

Palmolie-8,9%1 periode tot 2 okt 2022-5,9σ
Sept 28 palm futures fell 8.46% to a 1.5-year low on recession fears, a stronger dollar and long liquidation, which is a demand and sentiment shock of the same size as the move.

Palmolie PALMOIL · GP ▸

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Sojaolie SBO · GP ▸

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Laden…