
The Malaysian Palm Oil Council forecast crude palm oil will trade between RM4,100 and RM4,300 per tonne next month, supported by Indian festive demand and elevated US soyoil prices. It said abundant global soybean supply would cap rallies, with South American output projected at 245 million tonnes in 2026.
Firm Indian demand and strong soyoil support palm prices, but record soybean supply limits upside. Buyers should expect range-bound vegetable oil prices.
Not 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.