# Palm oil rises on bargain buying - Markets - Business Recorder

> Malaysian palm oil futures closed up 0.45% at 4,663 ringgit a tonne on bargain buying after a two-session decline. Exports for July 1-25 rose 8.1% to 15.9% from a month earlier, and crude oil jumped more than 3% on Middle East escalation.

- Date: 2026-07-30 · published 2026-07-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/18438-palm-oil-rises-on-bargain-buying-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Firmer crude and strong export shipments support palm as a biodiesel feedstock and food oil. Higher production estimates and the absence of Indonesian B50 allocations limited the gains.

## Read by commodity

- WTI: bullish ▲
- PALMOIL: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40432410

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