# Copper down but palm oil up: a monthly review of commodities and financial markets - Business Advantage PNG

> Copper prices rose 20.6 percent to US$2.66 an ounce over the past month, while palm oil rose 11.6 percent and cocoa eased. Crude oil was roughly flat and precious metals softened modestly over the same period.

- Date: 2016-11-29 · published 2016-11-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10928-copper-down-but-palm-oil-up-a-monthly-review-of-commodities-and-financial
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Palm oil's monthly gain reflects tightening vegetable oil fundamentals that support feed-related oilseed meal and oil values. The overall moves are a routine monthly wrap with no single new supply shock.

## Read by commodity

- WTI: neutral
- PALMOIL: bullish ▲

## Sources

- businessadvantagepng.com: https://www.businessadvantagepng.com/copper-down-but-palm-oil-up-a-monthly-review-of-commodities-and-financial-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.