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Malaysian palm oil futures fell about 1% on Friday for a third straight session, to RM3,101 a tonne. Traders cited a narrow spread with soyoil and weaker related oils on the Dalian Commodity Exchange, despite cargo surveyor data showing a 17-20% rise in Malaysian palm shipments for January 1-20.
A narrow palm-soy spread leaves palm dependent on soyoil direction, and weak Dalian oils signal soft demand in China, which keeps vegetable oil prices under pressure for feed buyers.
theedgemalaysia.comNov 1, 2026Not 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.
