Telegram超级索引:Malaysia end-July palm oil stocks seen at 8-month high as output rises

admin 2个月前 (08-09) 社会 16 0

Telegram超级索引www.tel8.vip)是一个Telegram群组分享平台。Telegram超级索引包括Telegram超级索引、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram超级索引为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

KUALA LUMPUR: Malaysia's palm oil inventories at end-July likely jumped to the highest in eight months due to improving production and soaring imports, a Reuters survey showed on Thursday.

Stockpiles in the world's second-largest producer expanded 8.3% from June to 1.79 million tonnes, according to the median estimate of 11 traders and analysts polled by Reuters.

Production also rose to its highest since November, up 2% to 1.58 million tonnes. Exports gained 2.2% to 1.22 million tonnes while imports surged 35% to 80,000 tonnes.

The better exports could be due to slower than expected palm oil exports from larger producer Indonesia, despite Jakarta easing restrictions on shipments, Ivy Ng, regional head of plantations research at CGS-CIMB Research, said in a note.

Sathia Varqa, co-founder of Singapore-based Palm Oil Analytics, said exports would soon gather pace in Indonesia.

"Lower cash prices, widening palm discount to its nearest rival bean oil and reduced export tax will offer increasing palm export opportunities to Indonesia, fuelling competition to Malaysia," Varqa said.

,

以太坊单双博彩www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,以太坊单双博彩数据开源、公平、无任何作弊可能性。

,

Concerns over demand for Malaysian palm oil as Indonesia cuts taxes and raises exportable volumes to clear its lofty inventories has pushed benchmark crude palm oil prices from record highs to its lowest in a year.

Varqa expects palm oil prices to flux between 3,800-4,200 ringgit ($943.40) a tonne in August and September.

The Malaysian Palm Oil Board is scheduled to release its data on August 10.

Breakdown of July estimates (in tonnes):

* Official stocks of 1,655,073 tonnes in June plus the above estimated output and imports yield a total July supply of 3,311,105 tonnes. Based on the median of exports and closing stocks estimate, Malaysia's domestic consumption in July is estimated to be 298,554 tonnes. - Reuters


转载说明:本文转载自Sunbet。
Sunbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:Telegram超级索引:Malaysia end-July palm oil stocks seen at 8-month high as output rises

网友评论

  • (*)

最新评论

文章归档

    站点信息

    • 文章总数:8913
    • 页面总数:0
    • 分类总数:8
    • 标签总数:2397
    • 评论总数:6370
    • 浏览总数:649016