欢迎到访阿拉善盟网!

首页社会正文

新2网址大全(www.hg108.vip):Malaysia end-July palm oil stocks seen at 8-month high as output rises

admin2022-08-0943

新2信用网出租www.hg108.vip)是新2(正网)接入菜宝钱包的TRC20-USDT支付系统,为新2代理提供专业的网上运营管理系统。新2信用网出租系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让新2代理的运营更轻松更安全。

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.

,

新2网址大全www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

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。

本文链接:http://www.kariteparis.com/post/24825.html

网友评论