Loading…
Analyst Dorab Mistry expects Malaysian palm oil prices to fall after Ramadan as production picks up, with a likely trading range of 3,600 to 4,100 ringgit per ton from April to November. Prices were around 4,566 ringgit on the day, and he expects them to hold between 4,000 and 4,600 ringgit through March.
A forecast of seasonal production recovery and lower prices after Ramadan points to bearish palm oil pricing in the second half of the year.
tradingview.comFeb 26, 2025Not 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.
