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Malaysian palm oil futures closed more than 1% higher on Friday, with the January contract up 66 ringgit to 4,682 ringgit per tonne. Gains came from bargain buying, firmer Dalian palm olein and Chicago soyoil, and firmer crude; the contract rose 1.56% for the month after falling 5.8% in September.
Firmer crude and rival oil gains support palm oil prices, which can lift soybean oil and competing vegetable oil demand in feed markets.
brecorder.comOct 30, 2026Not 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.
