€/$= 0,9959

La hausse des cours du pétrole a soutenu le complexe oléagineux vendredi. Nouvelles incertitudes ce matin concernant la demande chinoise. La Chine devrait garder sa politique ferme de “zéro-covid”, douchant les espoirs d’un assouplissement.

Le rapport USDA sera publié mercredi 9 novembre en fin de journée (récoltes et stocks de fèves de soja aux USA et en Amérique du Sud).

Le prochain rapport MPOB (Malaysian Palm Oil Board) sera publié le 10 novembre. Les opérateurs attendent, en octobre versus septembre dernier :- production : +3% (1,82 millions de tonnes)- stocks : +9,3% (2,53 millions de tonnes)- exportations : +4,5% (1,48 millions de tonnes).

Les cours du pétrole ont évolué vendredi suivant un potentiel allégement de la politique zéro-Covid en Chine (démenti ce week-end) et le prochain embargo prévu par l’Europe sur le pétrole russe.

Vegetable oil market was offered firmer on Friday following a strong energy market. China on Sunday reported its highest number of new COVID-19 infections in six months, a day after health officials said they were sticking with strict coronavirus curbs, likely disappointing recent investor hopes for an easing.

U.S. Department of Agriculture’s Monthly USDA report is scheduled for release on Wednesday, Nov. 9.

Malaysian Palm Oil Board data due Nov. 10.
– October stocks are seen up 9.3% versus September, at 2.53 million of tons.
– Output is expected up 3% at 1.82 million of tons
– Exports should up 4.5% at 1.48 million of tons.

Oil prices settled up by more than 5% on Friday amid uncertainty around future interest rate hikes by the U.S. Federal Reserve, while a looming EU ban on Russian oil and the possibility of China easing some COVID restrictions supported markets.