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Oil World analyst Thomas Mielke expects palm oil's price premium over soyoil to shrink within one to three months. Higher palm prices have moderated demand in India, which is switching to soft oils, and palm stocks could rise if demand does not recover.
Demand destruction in India and rising palm stocks point to lower palm prices relative to soyoil, with soyoil gaining share.
nst.com.myReutersFeb 26, 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.
