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Malaysian palm oil futures fell more than 1% to 4,673 ringgit on Monday, retreating from a 15-week high. Weaker crude and Chinese vegetable oils weighed on prices, though strong Chinese demand limited losses after the US and Iran paused strikes.
Lower crude makes palm less attractive for biodiesel, which pressures prices. Firm China demand and El Niño risks provide offsetting support.
brecorder.comReutersJul 27, 2026Not enough comparable past events yet for a historical read.
Not 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.
