# Laman Web Rasmi KPK - BERITA SAWIT 2024 - Page #3

> Crude palm oil futures on Bursa Malaysia snapped a three-day losing streak to close higher on June 26. The gains reflected expectations of weaker June production and a recovery in related edible oils on the Dalian exchange.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/29875-laman-web-rasmi-kpk-berita-sawit-2024-page-3
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected weaker Malaysian output and firmer soyoil support palm oil prices in the short term. The move is routine price action without a major new supply shock.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- kpk.gov.my: https://www.kpk.gov.my/kpk/en/sidebar-arkib-berita?id=174&start=10&view=category

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.