telegram群组索引(www.tg888.vip)_Malaysia palm oil millers halt production as CPO prices plummet

时间:1个月前   阅读:14   评论:1

telegram群组索引www.tg888.vip)是一个Telegram群组分享平台,飞机群组内容包括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,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: Some palm oil millers in Malaysia, the world's second largest producer, have temporarily halted production following a dramatic plunge in prices of the edible oil, a senior official from a miller's association said on Monday.

Malaysian crude palm oil (CPO) prices have seen their biggest one-month decline in more than 13 years in June, tumbling 22% from a high of RM6,632 a tonne to RM4,922 on Monday, erasing most of this year's gains.

Malaysian millers purchase palm fruit bunches based on the monthly average CPO price - currently about RM6,200 - but sell the extracted oil based on the daily market price.

"No mills can afford to buy fresh fruit bunches at these prices," Steven Yow, northern president of the Malaysian Palm Oil Millers Association (POMA) told Reuters.

Malaysia's benchmark CPO futures had rallied to records this year due to a global edible oil supply squeeze caused by a labour shortage, the Russia-Ukraine conflict, and an export ban in top palm producer Indonesia.

The contract fell when Indonesia ended that ban and sought to boost exports, which ignited more market volatility.

At current prices, the mills - which are already facing labour shortages and high input costs - stand to lose at least RM150,000 for every 100 tonnes of CPO produced, Yow said, adding that buyers are currently offering around RM4,700 for CPO.

Yow said millers that have delivered on their contracted sales have stopped receiving fresh fruit bunches from suppliers until prices normalise.

The stoppages may range from one day to one week.

"This kind of situation has never happened before in the last 35 years," he added.

A substantial number of millers are affected, especially independent millers sourcing from *** allholders, Yow said.

He expects operations to normalise in July if price volatility and the difference between the monthly average CPO price and the daily traded price declines. - Reuters


转载说明:本文转载自Sunbet。

上一篇:Usdt第三方支付接口(www.trc20.vip)_天气不似预期 梁荣武

下一篇:欧博allbet注册(www.aLLbet8.vip)_北京拟鼓励营利性文化艺术类培训机构“一课一结”

网友评论

  • 2022-07-18 00:01:26

    其他包括传产的大成钢(2027)、四维航(5608)、中钢构(2013)、美琪玛(4721)、美利达(9914)、巨大(9921),电子的正崴(2392)、环球晶(6488)、康舒(6282)、台湾大(3045)、贸联-KY(3665)、日月光投控(3711)、中美晶(5483)、桦汉(6414)、仁宝(2324)也将在下周举行股东会,对下半年景气将会有进一步的说明。认真写,会火的