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Malaysian palm oil futures for September delivery slipped 1.02% to 4,541 ringgit a metric ton on Tuesday, pressured by weaker soyoil and expectations of rising output. The contract was still on track for a monthly gain of 1.10%.
Softer soyoil and crude oil reduce palm's appeal as a biodiesel feedstock, while expected production increases add to bearish sentiment in the near term.
brecorder.comReutersJun 30, 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.
