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The Palm Oil Refiners Association of Malaysia said India's restriction on refined palm oil imports will cost Malaysia market share. The association expects Malaysia and Indonesia to compete on price for crude palm oil sales to India.
The restriction was issued as a notification that industry sources described as an effective ban.
Malaysia's refined palm exports to India are at risk, and a price war with Indonesia could push palm export prices lower. Buyers may see cheaper palm supplies, but the trade disruption adds volatility.
nst.com.myReuters9 jan 2020Na 158 eerdere neerwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,0% over 5 sessies (51% hoger; middelste helft -1,3% tot +0,8%), en -1,4% 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.
