
India's palm oil imports rose 12.4% in May to 769,000 metric tons, the highest since January, as lower prices prompted traders to buy more refined palm oil. Crude palm oil was offered near $948 a ton CIF for July delivery, below soyoil and sunflower oil.
Strong Indian demand at discounted prices supports Malaysian palm oil futures, which had hit three-month lows, and makes palm a competitive vegetable oil for feed buyers.
After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
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.