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Malaysian palm oil futures rose about 1% on Friday to close at a 15-month high of 4,838 ringgit per ton, marking a fifth straight weekly gain. Lower Malaysian March-end stocks, expectations of Indonesia's B50 biodiesel mandate and Middle East tensions were cited as supports.
Tighter Malaysian inventories and biodiesel-linked demand point to firm palm prices, with buyers reluctant above 4,900 ringgit. Palm's link to crude oil means energy volatility also feeds through to vegetable oil costs for feed buyers.
brecorder.comReutersApr 3, 2026Not 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.
