China's commodities consumption to slow, no longer 'big bulls', says analyst Mistry
11 Tháng Năm 2022
© Reuters. Palm oil fruits are seen placed on a wheelbarrow at a palm oil farm in Klang, outside Kuala Lumpur, February 19, 2014. REUTERS/Samsul Said/Files By Mei Mei Chu
KUALA LUMPUR (Reuters) - Buyers in China, the world's second-largest palm oil importer, are "no longer big bulls" in the commodities markets as they face an economic slowdown while the country chases a zero-COVID policy, edible oil analyst Dorab Mistry said on Wednesday.
"China may not be the steam engine for world growth," Mistry, director of Indian consumer goods company Godrej International, said at the Globoil conference in Dubai.
Strict lockdown measures to stem a COVID-19 outbreak in China's commercial capital Shanghai have reverberated through the global economy and supply chains, with some factories being forced to close and delays increasing at ports.
Commodities consumption in the world's most populous nation is likely to be softer this year, Mistry said.
Mistry maintained his forecast for Malaysia's 2022 palm oil output, seeing it higher at 19 million tonnes, while Indonesia's production is seen rising by at least 2 million tonnes.
He also maintained his price forecast for crude palm oil futures, pegging a decline to 5,000 ringgit ($1,140.90) a tonne by June and eventually to 4,000 ringgit ($912.72) by September.
Malaysia's benchmark prices have scaled to all-time highs of 7,268 ringgit ($1,658.41) this year as Russia's invasion of Ukraine disrupted sunflower oil shipments and Indonesia's move to ban palm oil exports further tightened global supplies.
"Prices can fall sharply once the Indonesian ban is relaxed and after the Ukraine conflict is resolved, as interest rates rise, production picks up, stocks around the Black Sea are unfrozen," Mistry said.
($1 = 4.3825 ringgit)
Để lại bình luận
BROKERS ĐƯỢC CẤP PHÉP
27-05-2022 14:09:40 (UTC+7)
EUR/USD
1.0749
+0.0025 (+0.23%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (6)
Sell (1)
EUR/USD
1.0749
+0.0025 (+0.23%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (6)
Sell (1)
GBP/USD
1.2630
+0.0037 (+0.29%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (8)
Sell (0)
USD/JPY
127.08
-0.06 (-0.04%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
AUD/USD
0.7132
+0.0034 (+0.48%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (0)
USD/CAD
1.2758
-0.0014 (-0.11%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (5)
EUR/JPY
136.60
+0.26 (+0.19%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
EUR/CHF
1.0310
+0.0022 (+0.22%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Gold Futures
1,852.82
+5.22 (+0.28%)
Summary
BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (2)
Sell (1)
Silver Futures
22.122
+0.157 (+0.71%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (6)
Copper Futures
4.2705
-0.0027 (-0.06%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (7)
Crude Oil WTI Futures
113.83
-0.26 (-0.23%)
Summary
NeutralMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (5)
Sell (1)
Brent Oil Futures
114.00
-0.17 (-0.15%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (7)
Sell (0)
Natural Gas Futures
8.785
-0.024 (-0.27%)
Summary
NeutralMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (7)
Sell (2)
US Coffee C Futures
225.78
+8.73 (+4.02%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (7)
Euro Stoxx 50
3,758.85
+18.54 (+0.50%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (9)
Sell (1)
S&P 500
4,057.84
+79.11 (+1.99%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
DAX
14,288.00
+56.71 (+0.40%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
FTSE 100
7,566.84
+1.92 (+0.03%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (10)
Hang Seng
20,598.00
+481.80 (+2.40%)
Summary
NeutralMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (3)
Sell (1)
US Small Cap 2000
1,838.24
+39.07 (+2.17%)
Summary
BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (5)
Sell (5)
IBEX 35
8,910.50
+21.70 (+0.24%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (2)
BASF SE NA O.N.
50.905
+0.115 (+0.23%)
Summary
NeutralMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (1)
Sell (4)
Bayer AG NA
65.89
-0.01 (-0.02%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (5)
Sell (3)
Allianz SE VNA O.N.
199.68
+0.88 (+0.44%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Adidas AG
177.18
+0.42 (+0.24%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Deutsche Lufthansa AG
6.890
+0.040 (+0.58%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (1)
Siemens AG Class N
119.92
+1.40 (+1.18%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Deutsche Bank AG
10.393
-0.021 (-0.20%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (0)
| EUR/USD | 1.0749 | ↑ Buy | |||
| GBP/USD | 1.2630 | Buy | |||
| USD/JPY | 127.08 | ↑ Buy | |||
| AUD/USD | 0.7132 | ↑ Buy | |||
| USD/CAD | 1.2758 | Sell | |||
| EUR/JPY | 136.60 | ↑ Buy | |||
| EUR/CHF | 1.0310 | ↑ Buy |
| Gold | 1,852.82 | Buy | |||
| Silver | 22.122 | ↑ Sell | |||
| Copper | 4.2705 | ↑ Sell | |||
| Crude Oil WTI | 113.83 | Neutral | |||
| Brent Oil | 114.00 | Buy | |||
| Natural Gas | 8.785 | Neutral | |||
| US Coffee C | 225.78 | ↑ Sell |
| Euro Stoxx 50 | 3,758.85 | ↑ Buy | |||
| S&P 500 | 4,057.84 | ↑ Sell | |||
| DAX | 14,288.00 | ↑ Buy | |||
| FTSE 100 | 7,566.84 | ↑ Sell | |||
| Hang Seng | 20,598.00 | Neutral | |||
| Small Cap 2000 | 1,838.24 | Buy | |||
| IBEX 35 | 8,910.50 | Buy |
| BASF | 50.905 | Neutral | |||
| Bayer | 65.89 | ↑ Buy | |||
| Allianz | 199.68 | ↑ Buy | |||
| Adidas | 177.18 | ↑ Buy | |||
| Lufthansa | 6.890 | ↑ Buy | |||
| Siemens AG | 119.92 | ↑ Buy | |||
| Deutsche Bank AG | 10.393 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,830 / 6,940 (10 / 20) # 1,725 |
| SJC HCM | 6,840/ 6,940 (10 / 10) # 1,725 |
| SJC Hanoi | 6,840/ 6,942 (10 / 10) # 1,727 |
| SJC Danang | 6,840/ 6,942 (10 / 10) # 1,727 |
| SJC Nhatrang | 6,840/ 6,942 (10 / 10) # 1,727 |
| SJC Cantho | 6,840/ 6,942 (10 / 10) # 1,727 |
| Cập nhật 27-05-2022 14:09:43 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,854.91 | +1.99 | 0.11% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 31.250 | 31.870 |
| RON 95-III | 30.650 | 31.260 |
| E5 RON 92-II | 29.630 | 30.220 |
| DO 0.05S | 25.550 | 26.060 |
| DO 0,001S-V | 26.350 | 26.870 |
| Dầu hỏa 2-K | 24.400 | 24.880 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $112.63 | +0.36 | 0.31% |
| Brent | $113.75 | +0.69 | 0.60% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.030,00 | 23.340,00 |
| EUR | 24.263,11 | 25.622,23 |
| GBP | 28.523,96 | 29.740,84 |
| JPY | 177,60 | 188,03 |
| KRW | 15,91 | 19,38 |
| Cập nhật lúc 14:02:55 27/05/2022 Xem bảng tỷ giá hối đoái | ||
