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Malaysia signed an agreement with China to resume the East Coast Rail Link project, revived at a lower cost of RM44bn after being cancelled last year. Prime Minister Mahathir said the deal would include increased palm oil purchases by China, which was the second-largest importer of Malaysian palm oil at about 1.9m tonnes in 2018.
If China's palm oil purchases rise above the 1.87m tonnes seen in 2018, demand for Malaysian crude palm oil would strengthen and support prices, though the purchase commitment is not yet firm.
foodnavigator.comPearly Neo23 apr 2019Na 133 eerdere opwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,7% over 5 sessies (64% hoger; middelste helft -0,8% tot +2,3%), en +1,7% 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.
