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皇冠体育官网(www.hg108.vip)_Palm oil rebounds on China demand optimi ***

admin2022-07-0414

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,Futures for September delivery jumped 5.5% to close at RM4,920 a tonne, the biggest gain since late April, after slumping almost 15% last week.

KUALA LUMPUR: Palm oil posted its biggest advance in two months on bargain hunting and optimi *** that Chinese demand will improve, although investors remained cautious as crop prices have crashed to the levels before Russia’s invasion of Ukraine.

Futures for September delivery jumped 5.5% to close at RM4,920 a tonne, the biggest gain since late April, after slumping almost 15% last week.

“There is some physical tightness, and pipelines are still dry in major consuming countries,” said Gnanasekar Thiagarajan, head of trading and hedging strategies at Kaleesuwari Intercontinental.

Chinese demand may improve on easing Covid-related restrictions, he said, adding that some pent up buying is expected.

But all these positive factors may not be enough to trigger a major rally in prices as the “undercurrent is quite bearish,” he said.

The rout in farm commodities in recent weeks has also hammered palm oil, the world’s most-consumed cooking oil, as investor fret about worries of a global recession. — Bloomberg


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  • 2022-07-04 22:37:54

    在剩(sheng)余党派中,右翼共和党及其联盟预计将占{zhan}据61个议员「yuan」席位,位居第四 。据《ju》多个民调显示,此次议会选举最终弃票率将达到54%。媒体分析认为,弃票《piao》率高意味着法国民众对目前的【de】政治局势缺乏信 xin[心。而此次的〖de〗选举结果意味着法国政坛的政治格局『ju』发生了很大的变化,马克龙接下来五年{nian}的执‘zhi’政【zheng】之路很可能受到制约。(总台记者 江华『hua』)
    转载说明〖ming〗:本文转载自USDT交易平‘ping’台。只能夸你美丽帅气