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Crude palm oil prices rose to a five-month high of RM2,094 after hitting a three-year low in November. Analysts expect further gains into the second quarter, helped by seasonal output declines and rising exports to India and China.
Seasonal lows in first-half output and stronger Indian and Chinese buying tighten available supply, which supports palm oil prices.
themalaysianreserve.comJan 28, 2019Not 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.
