# Palm rises but logged second weekly loss — TradingView News

> 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.

- Date: 2025-08-01 · published 2025-08-01T12:00:00.000Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/12120-palm-rises-but-logged-second-weekly-loss-tradingview-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bullish ▲
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2025-08-04 | 1 | +2.4% | 3.4 | 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. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-06 | [Palm oil rises to near 4-week peak on strong Indian demand - Markets - Business Recorder](https://feedsoft.ai/events/46161-palm-oil-rises-to-near-4-week-peak-on-strong-indian-demand-markets-business.md) | +1.4% | +6.4% |
| PALMOIL | 2021-04-09 | [Palm set for 3% weekly rise on prospects of strong demand, tight supply - Markets - Business Recorder](https://feedsoft.ai/events/47701-palm-set-for-3-weekly-rise-on-prospects-of-strong-demand-tight-supply-markets.md) | -0.3% | +11.0% |
| PALMOIL | 2020-06-01 | [Palm oil scales near two-month high as May exports rise - Markets - Business Recorder](https://feedsoft.ai/events/52489-palm-oil-scales-near-two-month-high-as-may-exports-rise-markets-business.md) | +12.8% | +14.3% |
| PALMOIL | 2018-01-06 | [Palm Oil News - CPO Demand Would Increase heading to Chinese Religious day](https://feedsoft.ai/events/10985-palm-oil-news-cpo-demand-would-increase-heading-to-chinese-religious-day.md) | -1.0% | -1.4% |
| PALMOIL | 2020-09-24 | [EU’s Trade Policy Review – Indonesia Responds - Indonesia Palm Oil Facts](https://feedsoft.ai/events/51146-eu-s-trade-policy-review-indonesia-responds-indonesia-palm-oil-facts.md) | -0.8% | -0.2% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3TT0AJ:0-palm-rises-but-logged-second-weekly-loss/

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