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Malaysian palm oil prices held near recent highs on January 28 as a firmer ringgit, about 0.8% stronger against the dollar, made exports pricier. The April contract was flat near 4,262 ringgit per ton.
Surveyors estimated January 1-25 palm product exports rose 8-10% from the prior month, and soyoil gains in Chicago and Dalian gave support.
A stronger ringgit limits Malaysian export competitiveness even as shipments improve, capping palm upside. Firmer soyoil provides a floor for the broader vegetable oil complex.
finimize.comFinimize NewsroomJan 28, 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.
