皇冠网址
热门标签

皇冠现金网开户(www.hg108.vip):CPO futures seen trending higher next week on expectation of stronger exports

时间:2周前   阅读:2   评论:3

皇冠现金网开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠现金网开户的平台。皇冠现金网开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠现金网代理开户、皇冠现金网会员开户业务。

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend higher next week on the expectation of higher palm oil export estimates by cargo surveyors, said a dealer.

"We expect next week's market to trade with an upward bias with the commodity’s price expected to trade between RM4,000 and RM4,600 per tonne due to the expectation of stronger exports,” palm oil trader David Ng told Bernama.

For the trading week just ended, Malaysian CPO futures were mostly higher, supported by gains in soybean oil futures on the Chicago Board of Trade (CBOT) and stronger sentiment in global markets.

However, Malaysia is set to continue to see intense competition in the CPO market from Indonesia as the country will be flushing out its bloated inventory ahead of its seasonal peak production months.

Maybank Investment Bank Bhd (Maybank IB) said initiatives announced by Indonesia recently are likely to boost its exports at the expense of Malaysia.

The Indonesian government announced that it will be raising its Domestic Market Obligation (DMO) requirement, reviewing its CPO reference price every two weeks instead of every month, as well as revising its export duty structure.

,

新2最新登录址www.zq18.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2最新登录手机网址,新2最新登录备用网址,皇冠新2最新登录网址,新2最新登录足球网址,新2最新登录网址大全。

,

"As the August CPO reference price was also slashed to US$872.27 (US$1-RM4.44) per tonne, its export duty was drastically cut to US$52 per tonne from US$288 per tonne to help boost its exports. These measures are likely to boost Indonesia’s exports at the expense of Malaysia’s exports,” it said.

On a Friday-to-Friday basis, the spot month August 2022 gained RM412 to RM4,432 a tonne, September 2022 was RM482 higher at RM4,405 a tonne and October 2022 was up RM529 to RM4,407 a tonne.

November 2022 added RM532 to RM4,411 a tonne, December 2022 increased RM519 to RM4,432 a tonne and January 2023 rose RM508 to RM4,474 per tonne.

Total volume slid to 284,000 lots from 336,919 lots in the previous week, while open interest narrowed to 191,133 contracts from 195,371 contracts previously.

The physical CPO price for August South rose by RM400 to RM4,450 a tonne. - Bernama


转载说明:本文转载自Sunbet。

上一篇:https://199.26.100.226/

下一篇:新2网址:​亚足联换届:萨尔曼连任无悬念 其他职位竞争激烈

网友评论

  • 2023-01-14 00:54:45

    if you have a subscription这小站要啥文有啥文