# Vegetable Oil - Markets - Business Recorder

> Malaysian palm oil futures posted a series of moves in August, including a six-month high after several straight sessions of gains on expectations of lower-than-forecast production. Other sessions saw declines tied to a firmer ringgit and weaker related edible oils on the Dalian exchange.

- Date: 2019-08-10 · published 2019-08-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57647-vegetable-oil-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Palm oil moves track rival oils and Malaysian production expectations, so the mixed session-by-session action signals short-term volatility in palm oil and related vegetable oil prices.

## Read by commodity

- USDMYR: neutral
- PALMOIL: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/markets/vegetable-oil/6

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