
Malaysian palm oil futures fell 2.72% on Friday to their lowest close since March 5, extending the weekly decline to 9.04%. Weaker soybean-oil prices pressured the market, while falling crude prices reduced palm oil’s attractiveness as a biodiesel feedstock.
Weakness in rival vegetable oils and lower energy prices weigh on palm-oil demand and prices. A weaker ringgit partly offsets that pressure by making Malaysian exports cheaper for foreign buyers.
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.