Palm oil prices fell to near a 25-week low amid concerns about rising inventories and weaker crude oil. The report also showed the S&P GSCI Soybean Oil Index down 0.96% on the day.
Inventory overhang increases available palm oil supply, while weaker crude reduces support from energy-linked biodiesel demand; both factors weigh on vegetable-oil prices.
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.
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.