◂ Gebeurtenissenverloop

31 mei 2023HANDELMaleisië

Palm falls to new low on weaker rival oils, negative export data - Markets

Malaysian palm oil futures fell 5.82% to 3,205 ringgit per tonne on May 31, 2023, a new low for the year and lowest since November 2020. Malaysia's May exports fell 0.8% from April according to Intertek, while AmSpec reported a 1.8% decline.

Indonesia set its June 1-15 CPO reference price at $811.68 per tonne, lowering its export tax.

WAAROM HET ER TOE DOET

Weaker May export data and lower rival oilseed prices add bearish pressure on palm and soy oil, which compete for feed-fat demand. Lower Indonesian export taxes slightly support export flows.

BETREFTPalmolie▼Sojaolie▼

BRON
brecorder.comReuters31 mei 2023

Koersreactie & historie

Palmolie▼neerwaartsTOT NU TOE1d -0,3%5d -7,4%20d -2,2%

Na 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.

25 aug 2020Palm ends at 4-week low on soft August export data, firmer ringgit - Markets - Business Recorder+0,1%
22 jul 2021Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder+1,4%
2 feb 2024Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder+0,6%
31 mei 2021Palm oil falls 2pc as export pace slows, Indonesia taxes weigh - Markets - Business Recorder-2,0%
4 mrt 2025Palm tumbles on weaker Dalian oils, Sino-US tariff war - Markets - Business Recorder+0,8%

Sojaolie▼neerwaartsTOT NU TOE1d 0,0%5d +5,2%20d +22,1%

Na 152 eerdere neerwaarts handel-gebeurtenissen bewoog Sojaolie zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -2,1% tot +2,1%), en -0,1% over 20.

22 jul 2021Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder+0,7%
2 feb 2024Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder+2,4%
4 mrt 2025Palm tumbles on weaker Dalian oils, Sino-US tariff war - Markets - Business Recorder-1,2%
18 aug 2021Palm oil slides nearly 3% on bleak export outlook - Markets - Business Recorder-5,7%
14 jun 2021Palm oil ends at over 4-month low on weaker soyoil, sliding demand - Markets - Business Recorder-10,4%

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-8,4%1 periode tot 1 jun 2023-4,3σ
Futures fell 5.82% to a multi-year low on May 31 on weaker rival oils and negative May export data, a demand and sentiment shock that is the main driver of the move ending June 1.
Palmolie-8,4%1 periode tot 31 mei 2023-4,5σ
Palm futures hit a multi-year low on May 31 as rival oils weakened and May exports fell 0.8-1.8% (demand), directly describing the day's sell-off.

Palmolie PALMOIL · GP ▸

——— · ·

Sojaolie SBO · GP ▸

——— · ·

Laden…