# Palm gains on soyoil strength at Dalian and Chicago

> 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.

- Date: 2025-01-14 · published 2025-01-14T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8107-palm-gains-on-soyoil-strength-at-dalian-and-chicago
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Tighter Malaysian palm supplies and firmer soyoil lift vegetable oil prices, increasing costs for oilseed meal and feed fat buyers.

## Read by commodity

- SBO: bullish ▲
- BRENT: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/palm-gains-on-soyoil-strength-at-dalian-and-chicago/

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