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Malaysian plantation stocks rose on unconfirmed talk of a suspension of crude palm oil export tax. The Bursa plantation index gained 0.6 percent, near a two-month high, and analysts expected higher palm oil demand from China and a possible government announcement.
Speculation about an export tax suspension would make Malaysian palm oil more competitive and could lift export demand and prices if confirmed. The effect remains uncertain until the government acts.
asia.nikkei.com4 de jan. de 2018Após 548 eventos altista de política passados, Óleo de palma subiu em mediana +0,4% em 5 sessões (61% de alta; metade central de -0,7% a +2,1%), 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.
Talk of the export tax suspension lifted plantation stocks and sentiment ahead of the confirmation, contributing to early-week price gains.
