
A Bloomberg-reported poll of 12 estimates puts Malaysian July palm stockpiles near 2.23 million tons, a 19-month high and a fifth monthly gain. Benchmark futures fell 1.7% to 4,175 ringgit by midday on Monday.
Higher stockpiles and sluggish overseas demand weigh on palm prices during the production peak. Firm Indian buying ahead of festivals and Indonesian biodiesel demand limit the downside.
Após 96 eventos baixista de relatório passados, Óleo de palma subiu em mediana -0,1% em 5 sessões (48% de alta; metade central de -1,3% a +1,6%), e -0,9% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Monday 4 Aug saw futures fall midday on expectations of a 19-month-high Malaysian stock build, but the move in question is a +2.40% gain, so this explains bearish pressure rather than the rise; low-moderate relevance via the rebound being a bargain-buying reaction.
Futures fell 1.7% on Aug 4 on bearish stock expectations, creating the lower base that invited bargain buying and the rebound on Aug 5.