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Palm oil futures on Bursa Malaysia rose about 2.4% to 4,063 ringgit per tonne, tracking gains in CME soyoil after US biofuel policy news. Dalian palm olein and soybean oil futures also rose on the same theme.
Stronger soyoil and US biofuel-driven vegoil demand lift palm oil prices, tightening vegetable oil supplies and raising the cost of fat inputs for feed formulators.
fastmarkets.comRobert LaneJul 8, 2025Not 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.
