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Malaysian crude palm oil futures rose for a second day on Monday, settling 21 ringgit higher at 4,589 ringgit per tonne. Gains were supported by June export growth of 10.6% to 11.1% for the first 25 days and optimism around Indonesia's B50 mandate starting July 1.
Stronger export pace and expected domestic biodiesel demand from B50 tighten available palm supply and support prices.
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.