# Palm slips on weaker soyoil, rising output fears, but heads for monthly gain - Markets - Business Recorder

> 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%.

- Date: 2026-06-30 · published 2026-06-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/18904-palm-slips-on-weaker-soyoil-rising-output-fears-but-heads-for-monthly-gain
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40427853

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