Malaysian palm oil futures fell for a second day after Indonesia said it is considering a larger export quota to reduce high domestic stocks. Indonesia is also weighing higher biodiesel blending mandates to support farm prices, and weaker soyoil and palm oil in Dalian added pressure.
A larger Indonesian export quota adds supply to global vegetable oils, but a possible biodiesel mandate increase would absorb palm output domestically and could limit the downside. Net, the policy signals point to weaker palm prices with some support from biofuel demand.
399 geçmiş düşüş yanlı politika olayları olayından sonra, PALMOIL 5 seansta medyan %-0,0 hareket etti (%49 daha yüksek; orta yarı %-1,3 ile +%1,1 arası) ve 20 seansta +%0,2.
351 geçmiş düşüş yanlı politika olayları olayından sonra, SBO 5 seansta medyan %-0,0 hareket etti (%49 daha yüksek; orta yarı %-1,7 ile +%1,8 arası) ve 20 seansta %-0,2.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
Dated 2022-07-04 itself: palm futures extended losses as Indonesia mulled a larger export quota and higher stock-clearing, adding supply pressure, plus weaker Dalian oils.
Indonesia considering a larger export quota signals more supply reaching the market to cut high domestic stocks, pressuring prices early in the window.
Indonesia considering a larger export quota to cut domestic stocks raised the supply outlook and extended losses on July 4.
On July 4 Malaysian palm fell for a second day as Indonesia weighed larger export quotas to cut high domestic stocks, with weaker Dalian soyoil and palm adding pressure; palm weakness spills into soyoil as a close substitute.