# Palm Oil Ends A Four-Month Slide, Then Takes Profits - Finimize

> Malaysian palm oil posted its first weekly gain in four months after a strong January, then slipped on Friday as traders took profits and rival edible oils weakened. The April contract settled at 4,229 ringgit per ton, down 2.04% on the day. A weaker ringgit and Indonesia's higher February crude palm oil reference price cushioned the decline.

- Date: 2026-01-30 · published 2026-01-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/21158-palm-oil-ends-a-four-month-slide-then-takes-profits-finimize
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Palm trades alongside soyoil and crude, so weakness in rival oils and energy can pull palm lower and reduce input costs for feed-related fats. The weaker ringgit helps Malaysian exports but limits gains in dollar terms.

## Read by commodity

- SBO: bearish ▼
- USDMYR: bearish ▼
- PALMOIL: bearish ▼

## Sources

- finimize.com: https://finimize.com/content/palm-oil-ends-a-four-month-slide-then-takes-profits

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