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Malaysian palm oil futures for January delivery traded in a tight range on Friday, up 0.16% at 4,447 ringgit a tonne, and were on course for a weekly gain. Traders were cautious ahead of Indonesian Palm Oil Conference price forecasts and details of a planned Indonesian service fee.
Uncertainty over the new Indonesian service fee and the outlook from the conference is keeping palm in a narrow band. Palm is likely to track rival vegetable oils until clearer guidance emerges.
brecorder.comReutersNov 13, 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.
