
Brokers and traders forecast palm oil prices could fall in coming weeks if the coronavirus continues disrupting travel and leads to wider shutdowns of offices, malls and factories. Malaysia is counting on instant noodle production to support palm oil demand in China.
A shutdown-driven drop in food-service demand would weaken palm oil consumption, while stronger packaged-food output could partly offset it. The net effect points to downward pressure on palm prices.
在过去 10 次看跌的疫病事件之后,棕榈油 在 5 个交易日内中位数变动 +0.4%(50% 上涨;中间一半区间为 -5.0% 至 +1.3%),20 个交易日内为 -8.5%。
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。
Traders expected further price declines if coronavirus shutdowns spread in China, reinforcing bearish demand sentiment, though noodle demand offers partial support.