# Palm oil tracks Dalian rivals lower, set for weekly loss - Markets - Business Recorder

> Malaysian palm oil futures opened lower on Friday, tracking weaker Dalian vegetable oil contracts. The March contract lost 0.48% to 4,312 ringgit a ton and was down 6.96% for the week.

- Date: 2025-01-03 · published 2025-01-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5048-palm-oil-tracks-dalian-rivals-lower-set-for-weekly-loss-markets-business
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Palm oil follows rival edible oils in the Dalian market, so soyoil and palm losses reinforce each other. The weekly decline signals softer vegetable oil pricing heading into the new year.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2025-01-06 | 5 | -11.3% | -4.9 | Futures tracked weaker Dalian vegetable oils and were down about 7% for the week, directly reflecting the window's decline (rival oil spillover). |
| PALMOIL | 2025-01-03 | 5 | -10.5% | -5.3 | Futures tracked weaker Dalian vegetable oils lower and were down about 7% for the week, reflecting spillover from competing oils. |

## Sources

- brecorder.com: https://www.brecorder.com/news/40340901

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