Carregando…
Indonesian market commentary reports that palm oil futures have trended lower as demand weakens after palm lost price competitiveness against other vegetable oils. The July CPO contract closed 1.8% lower at 3,571 ringgit a tonne, and Indonesian March exports of palm products fell from over 2 million tonnes in February to 1.96 million.
Losing price competitiveness to rival oils reduces palm demand and points to a continued softening of palm prices.
pwc.comPricewaterhouseCoopers27 de abr. de 2023Após 158 eventos baixista de comércio passados, Óleo de palma subiu em mediana +0,0% em 5 sessões (51% de alta; metade central de -1,3% a +0,8%), e -1,4% 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.
Palm lost price competitiveness against other vegetable oils, weakening demand and weighing on prices.
