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Malaysian palm oil futures rose about 2% on January 13 to 4,484 ringgit per ton, tracking stronger soyoil on Dalian and Chicago. The rally followed USDA's bullish crop reports, and Malaysian December stocks fell 6.91% while exports slumped in early January.
Tighter Malaysian palm supplies and firmer soyoil lift vegetable oil prices, increasing costs for oilseed meal and feed fat buyers.
ukragroconsult.comJan 14, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
