Laden…
S&P Global Platts reported that Dated Brent fell about 5% in the week of January 24 to 31, while copper saw a larger decline. Several airlines suspended or reduced flights due to the coronavirus, and Platts forecast jet fuel demand could fall by 618,000 to 1 million barrels a day in February.
Crude palm oil prices dropped sharply, correcting 10% in one day after a three-month rally, as China, the second-largest palm oil buyer, faced weaker demand.
Projected jet fuel and energy demand losses point to bearish crude and diesel prices. The palm oil sell-off signals weaker vegetable oil demand from China, which pressures palm-based feed and food oil prices.
spglobal.comS&P Global Platts5 feb 2020Na 26 eerdere neerwaarts ziekte-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -6,0% over 5 sessies (15% hoger; middelste helft -13,3% tot -2,0%), en -6,8% over 20.
Na 13 eerdere neerwaarts ziekte-gebeurtenissen bewoog ULSD / Diesel zich mediaan -5,1% over 5 sessies (38% hoger; middelste helft -6,3% tot +1,2%), en -6,1% over 20.
Na 10 eerdere neerwaarts ziekte-gebeurtenissen bewoog Palmolie zich mediaan +0,4% over 5 sessies (50% hoger; middelste helft -5,0% tot +1,3%), en -8,5% 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.
Notes crude palm oil corrected 10% in one day on weaker Chinese demand, plus broader commodity and crude oil weakness that spilled over into vegetable oils.
