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Analyst Dorab Mistry said Malaysian palm oil futures must fall to 2,100 ringgit a tonne to regain export competitiveness, after a 12% decline this year. Weak demand in India and Turkey, weaker emerging market currencies and a planned India import duty hike are cited.
Mistry cut his 2018 Malaysian output forecast to 19.2-19.5 million tonnes.
Weak import demand from India and a currency-driven loss of competitiveness point to continued pressure on palm oil export prices. Possible Indian duty changes are a key swing factor for vegoil demand.
在过去 158 次看跌的贸易事件之后,棕榈油 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.3% 至 +0.8%),20 个交易日内为 -1.4%。
历史可比事件尚不足,暂无法给出历史解读。
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。