
Malaysian palm oil futures climbed to their highest since February 2011, with the March contract up 3.44% to 3,724 ringgit a tonne. The rise followed a strike by grain inspectors in Argentina and dry weather in South America that lifted soyoil.
Floods in Indonesia and Malaysia were also flagged as a possible supply risk.
Argentine disruption and South American dryness tighten soyoil and soybean supply, and palm oil follows as a substitute, raising vegetable oil and feed fat prices.
Após 181 eventos altista de clima passados, Óleo de palma subiu em mediana +0,5% em 5 sessões (56% de alta; metade central de -0,9% a +1,9%), e +0,3% em 20.
Após 184 eventos altista de clima passados, Óleo de soja subiu em mediana +0,3% em 5 sessões (53% de alta; metade central de -1,9% a +2,4%), e -0,5% 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.
Reports the 3.44% Jan 4 gain, driven by soyoil strength from the Argentine inspector strike and South American dryness, plus flood-related supply risk in Malaysia and Indonesia.
Futures jumped 3.44% on Jan 4 as the Argentine inspector strike and South American dryness lifted soyoil and flood risk added supply concern.