# Prestasi Sawit Malaysia

> Crude palm oil futures in India rose 1.08% on November 29 to Rs 554.50 per 10 kg as speculators added positions. Traders cited higher domestic demand and restricted supplies from producing regions. The move was a routine futures update on the Multi Commodity Exchange.

- Date: 2016-11-28 · published 2016-11-28T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/73942-prestasi-sawit-malaysia
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Modest gains in Indian palm futures reflect firm regional demand and tight spot supply, a slight bullish signal for palm oil feed ingredients.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- WTI: bearish ▼
- PALMOIL: bullish ▲

## Sources

- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/en/palmnews/news/22137
- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/en/palmnews/news/22159

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