Crude palm oil futures on Bursa Malaysia fell 3.3% to 3,455 ringgit a tonne on April 27, the lowest since early October. Indonesia changed its domestic market obligation rules, cutting the domestic cooking oil target to 300,000 tonnes a month and tightening the export ratio from 6:1 to 4:1, effective May 1.
The policy shift is expected to free more Indonesian palm oil for export, increasing global availability and pressuring prices from the largest producer.
在过去 400 次看跌的政策事件之后,PALMOIL 在 5 个交易日内中位数变动 -0.0%(49% 上涨;中间一半区间为 -1.3% 至 +1.1%),20 个交易日内为 +0.2%。
在过去 351 次看跌的政策事件之后,SBO 在 5 个交易日内中位数变动 -0.0%(49% 上涨;中间一半区间为 -1.7% 至 +1.8%),20 个交易日内为 -0.2%。
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。
Indonesia's revised domestic market obligation and looser export ratio, effective May 1, pushed futures to a six-month low in the days just before the window, signaling more export supply.
Palm oil fell to a six-month low on Indonesia's looser export policy, which adds vegetable oil supply to global markets and pressures competing soybean oil; the policy took effect May 1.
Indonesia's loosened DMO and export ratio, effective May 1, raise expected global supply and pushed CPO to a six-month low, setting up the May 1 drop.