Palm oil extends gains on stronger Chicago soyoil

Published 2025년 11월 13일

Tridge summary

Malaysian palm oil futures extended gains for a second session, as stronger Chicago soyoil supported the market, though weather concerns and a weak November export data weighed. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 27 ringgit, or 0.66 percent, to 4,139 ringgit (USD979.88) a metric ton at

Original content

the close. The uptrend in Chicago soyoil prices is helping to sustain the palm market, though traders are also squaring off their positions ahead of a weather warning, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. Supramaniam noted headwinds from weaker preliminary November export figures and a firming ringgit. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.