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Palm oil futures were near MYR 4,700 per tonne, snapping recent declines amid gains in rival edible oils and stronger crude oil. Firm exports were reported, with cargo surveyors showing a rise of 46 percent in shipments.
Stronger crude and rival oils lift palm's price floor, and firm export demand supports the monthly gain despite the weekly loss.
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.