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Malaysian palm oil futures closed up 0.35% at 4,245 ringgit a ton on Friday but still posted a second weekly loss. The US cut tariffs on Malaysian goods to 19% from 25%, and the ringgit weakened.
The lower US tariff removes a bearish trade overhang for Malaysian exports and a weaker ringgit makes palm cheaper for foreign buyers. Both support palm prices, though export data remains weak.
tradingview.comAug 1, 2025After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
US tariff cut on Malaysian goods to 19% and weaker ringgit on 1 Aug supported palm prices into the following session, contributing to the rebound.
