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Malaysian palm oil futures fell as much as 10% on Tuesday, their largest drop in over a decade, to their lowest since mid-November. The decline followed India's curbs on refined palm oil imports and fears that the coronavirus outbreak in China will weaken demand.
Malaysian palm oil exports for early January were also expected to fall.
Losing India as a key buyer and weaker Chinese demand both point to lower palm oil prices and softer demand for vegetable oils in feed. Lower palm prices may also pull down competing edible oils.
thestar.com.myThe Star Online28 de jan. de 2020Após 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.
