Loading…
Malaysian palm oil futures closed lower on Wednesday for a third straight daily loss, despite strong export demand ahead of Diwali buying. The benchmark contract closed down 14 ringgit, or 0.3%, at 4,687 ringgit per metric ton.
Palm oil is trading lower despite firm export demand, showing that near-term supply or sentiment is outweighing demand support. Softer palm prices weigh on the vegetable oil complex.
brecorder.comOct 28, 2026Not 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.
