# Palm oil logs 2.5 percent weekly fall - Markets - Business Recorder

> Malaysian palm oil futures fell 2.5% for the week, closing at 2,688 ringgit a tonne on Friday. Traders reported that August exports so far had fallen 10% to 15%, and India's July palm oil imports rose 1.4% year on year to 824,078 tonnes.

- Date: 2020-08-14 · published 2020-08-14T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/51738-palm-oil-logs-2-5-percent-weekly-fall-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weak export pace from Malaysia signals softer near-term demand, which pressures palm oil prices. Steady Indian imports offer some support.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-10-16 | [Palm oil clocks 1.4pc weekly fall as exports decline - Markets - Business Recorder](https://feedsoft.ai/events/50741-palm-oil-clocks-1-4pc-weekly-fall-as-exports-decline-markets-business-recorder.md) | +0.6% | +14.1% |
| PALMOIL | 2024-05-03 | [Palm oil almost flat but logs fourth consecutive weekly loss - Markets - Business Recorder](https://feedsoft.ai/events/4564-palm-oil-almost-flat-but-logs-fourth-consecutive-weekly-loss-markets-business.md) | +0.6% | +2.5% |
| PALMOIL | 2025-04-08 | [Malaysian palm oil extends losses - Markets - Business Recorder](https://feedsoft.ai/events/9625-malaysian-palm-oil-extends-losses-markets-business-recorder.md) | +0.7% | -4.1% |
| PALMOIL | 2022-05-31 | [Palm extends losses - Markets - Business Recorder](https://feedsoft.ai/events/41498-palm-extends-losses-markets-business-recorder.md) | +0.0% | -13.0% |
| PALMOIL | 2018-08-19 | [Vegetable Oil - Markets - Business Recorder](https://feedsoft.ai/events/63615-vegetable-oil-markets-business-recorder.md) | -0.2% | -0.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40012170

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