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Malaysian palm oil futures rose for a fourth straight session, with the April contract reaching about 4,315 ringgit a ton, its highest since Oct 28, 2025. Gains reflected firmer rival edible oils, stronger crude, and a weaker ringgit.
Traders are looking ahead to the Kuala Lumpur Price Outlook Conference on Feb 9-11.
Stronger crude raises palm's attractiveness as biodiesel feedstock, and a weaker ringgit makes exports cheaper for overseas buyers, both supporting prices. Edible oils moving together means soyoil strength reinforces the upward move.
finimize.comFinimize NewsroomJan 29, 2026Not enough comparable past events yet for a historical read.
Not 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.
Palm hit a four-month high on firmer rival oils, stronger crude and a weaker ringgit, which marks the rally momentum within the window.
