# Malaysian palm oil/Vegoils: Market factors to watch Friday March 1 | The Star

> Malaysian palm oil futures posted a fifth straight daily loss on Thursday, hitting their lowest level in two months. The decline was attributed to weakening exports and persistently high inventories.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/60689-malaysian-palm-oil-vegoils-market-factors-to-watch-friday-march-1-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Sustained export weakness and high stocks point to downward pressure on palm oil prices in the near term, with knock-on effects for competing vegetable oils.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/03/01/palm-oil-market-factors-to-watch-march-1/

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