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Crude palm oil futures on Bursa Malaysia fell 0.88% to 4,642 ringgit per tonne on July 31, with the weekly decline at 1.69%. CME soybean oil extended its decline to a fifth straight session amid concerns about future biofuel demand.
Lower palm and soy oil futures reduce the cost of vegetable oil supplies for feed fat blenders, while continued biofuel demand doubts keep the near-term outlook for vegoils soft.
fastmarkets.comFastmarket teamAug 3, 2026Not enough comparable past events yet for a historical read.
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.
