Market Fundamentals: Global inflation has triggered a price rise in general commodities including rubber. However, Dollar Index (USDX) is extending its’ gain and the market reached above the 104…
Agriculture
Weekly Rubbr Report – 6 Jun 2022
Market Fundamentals: Rubber prices recovered last week as Crude demand strengthened again. Wintering seasons also limit the supply and have helped in the Rubber demand. On Friday, the American payroll…
Commodity Market Report – 30 May 2022
Gold prices have returned to test USD1850 /oz last week. Moving forward, the market may correct again as the trading sentiment remains uncertain. This week, we target the range to contain from USD1810…
Weekly Rubber Report – 30 May 2022
Market Fundamentals: Last week, the Dollar Index (USDX) fell from the 103.00 level to the 101.00 regions. General commodity prices have recovered in demand. Crude prices resurged and lifted the Rubber…
The impact of Indonesia’s ban on palm oil exports reverberated across the globe
Amid an ongoing global food price crisis, vegetable oils are registering record-breaking highs. According to data compiled by the Food and Agriculture Organization of the United Nations, the price for…
Weekly Rubber Report – 23 May 2022
Market Fundamentals: Rubber prices stabilized last week due to global supply shortages. Monsoon season in South-East Asia countries has disrupted the production of many raw material. Meanwhile, the un…
Indonesia to reimpose local palm oil sales rule as it ends export ban
Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world’s biggest producer of the key edible oil reversed a ban on its export. Pres…
Commodity Market Report – 16 May 2022
Gold prices waned as the market perceived a strong Dollar last week. Technically, we have identified strong support at USD1780 /oz in case of falling further this week. Topside resistance is limited a…
Weekly Rubber Report – 16 May 2022
Market Fundamentals: The Dollar Index (USDX) reached 105.00 level on Friday and closed near to this high. Commodity markets slumped except the Crude prices. Generally, food prices, Gold and Rubber tra…
Malaysia may cut palm oil export tax amid global supply crisis
Malaysia’s Plantation Industries and Commodities Minister Zuraida Kamaruddin said importing countries have asked Malaysia to reduce its export taxes, and some – like India, Iran and Bangla…