# Crude Palm Oil Sees Tug Of War Between Bull And Bears – MPOC

> Malaysian crude palm oil futures remained in a tight range during the week starting February 19, weighed down by market factors. Prices showed a tug of war between bulls and bears.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/9428-crude-palm-oil-sees-tug-of-war-between-bull-and-bears-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Range-bound trading with no decisive new driver suggests palm oil prices are likely to stay flat in the near term.

## Read by commodity

- PALMOIL: neutral

## Sources

- mpoc.org.my: https://www.mpoc.org.my/crude-palm-oil-sees-tug-of-war-between-bull-and-bears/

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