足球投注网:Can robust exports be sustained?

ETH单双博彩www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,ETH单双博彩数据开源、公平、无任何作弊可能性。

Shipments of palm oil, which contributed 6.5% to total exports, may drop as Indonesia recently reduced its export levy for crude palm oil (CPO) to zero from US$200 (RM889) per tonne.

EXPORTS expanded strongly in June, growing by 38.8% year-on-year (y-o-y), but palm oil exports could face stiffer competition from Indonesia and oil and gas shipments could moderate on softening energy prices.

While exports are buoyed by a weak ringgit, the momentum may cool on slowing global growth as a US recession may set in. With the US Federal Reserve (Fed) cutting interest rates, the dollar will weaken and the stronger ringgit may no longer be a boost to our exports.

Shipments of palm oil, which contributed 6.5% to total exports, may drop as Indonesia recently reduced its export levy for crude palm oil (CPO) to zero from US$200 (RM889) per tonne.

As a result of its three-week ban on palm oil exports in May, Indonesia may take three months to lower its high palm oil inventory, and Malaysian palm oil exports could dip until this month.

Exports of electronic and electrical (E&E) products in June were still among the highest; shipments may start to drop in the quarters ahead as global semiconductor sales are pointing at lower growth, said CGS-CIMB Research in an economic update.

Pricing in slower export growth of about 10% in the second half of 2022 (after a 26% growth in the first half), growth in exports for 2022 is forecast at 18%.

,

足球投注网www.hg108.vip)是皇冠体育官网线上直营平台。足球投注网面向亚太地区招募代理,开放皇冠信用网代理申请、皇冠现金网代理会员开户、皇冠足球投注等业务。

,

For 2023, export growth may moderate to 7.5% on slowing global growth to 3% this year and 2.4% next year (6.1% in 2021).

A lower average selling price (ASP) per tonne for CPO is expected – RM3,400 next year versus RM5,000 this year (seven months in 2022: RM6,005), said Maybank Investment Bank chief economist Suhaimi Illias.

But the ASP for crude oil is still expected at US$100 (RM444) per barrel this and next year; forecasts are with a downside risk bias, added Suhaimi.

Export growth is expected to be robust but in view of global factors such as war in Ukraine and US rate hikes, it may moderate towards the end of the second half of 2022, said Employees Provident Fund head of economics and research Dr Afzanizam Mohamed Rashid.

While the weak ringgit has helped to boost our competitiveness, the sharp rise in the US fed funds rate is likely to take a toll on the US economy as higher borrowing costs curtail US domestic demand.

Global supply disruptions also affect turnaround time and the productivity of our economy which is highly integrated with the outside world.

As Bank Negara may be raising rates further, the Fed is moving far more rapidly to hike rates, thus further strengthening the dollar.When will the Fed stop hiking rates?

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。