
Malaysian palm oil futures for September delivery closed 4.1% lower at 3,398 ringgit a tonne after sharp gains the previous session. The drop followed a fall in CBOT soyoil, which slipped 2.4%, on an improved weather outlook for the US Midwest crop belt.
Dalian soyoil and palm contracts also declined.
A better US Midwest weather outlook lowers the risk premium on soybean oil, and palm oil follows as a substitute vegetable oil. Expect continued downward pressure on vegetable oil prices unless the weather outlook deteriorates.
在过去 29 次看跌的天气事件之后,棕榈油 在 5 个交易日内中位数变动 -0.3%(38% 上涨;中间一半区间为 -2.2% 至 +0.6%),20 个交易日内为 -1.4%。
在过去 49 次看跌的天气事件之后,豆油 在 5 个交易日内中位数变动 -0.5%(43% 上涨;中间一半区间为 -3.2% 至 +1.0%),20 个交易日内为 -0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
Soyoil slipped 2.4% on an improved Midwest weather outlook, with weaker palm and Dalian oils adding to the pressure.