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Malaysian palm oil futures rose 1.66% to 4,034 ringgit per tonne on July 2, snapping two sessions of losses. Gains were attributed to improving demand, a soyoil rally and expectations of lower June production.
Improving demand and tighter expected June output supported palm prices, and palm's competitiveness against soyoil helped sustain buying interest. The report reflects early-July price action.
business-standard.comReutersAug 1, 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.
