# Palm Oil Prices Pause As Ringgit Strength Offsets Export Gains - Finimize

> 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.

- Date: 2026-01-28 · published 2026-01-28T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/21161-palm-oil-prices-pause-as-ringgit-strength-offsets-export-gains-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

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.

## Read by commodity

- SBO: bullish ▲
- USDMYR: bullish ▲
- PALMOIL: neutral

## Sources

- finimize.com: https://finimize.com/content/palm-oil-prices-pause-as-ringgit-strength-offsets-export-gains

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