Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices

was the reduction in palm oil exports from Malaysia, which, according to surveyors, decreased by 14.1-20.5% between November 1 and 20 compared to the same period in October. Additionally, prices are being pressured by the fall in world oil prices, caused by US pressure on Ukraine and the Russian Federation to sign a ceasefire under any conditions. January Brent crude futures fell by 3.7% to $62.6/barrel in 3 sessions (-2.9% for the week, -4.2% for the month). On the Dalian exchange on Friday, the most active soybean oil contract fell by 1.3%, and palm oil CPO1 fell by 2.24%. December soybean oil futures in Chicago fell by 3.8% in three sessions to $1,108/t and are trading at the level of last week and month. Oil prices ...