Soybean Oil AUG7 (ZL2708) News

A sudden surge in output has disrupted forward expectations, breaking palm oil’s three-week rally—when will the weather premium materialize?

On Friday (June 12), palm oil futures on the Malaysian derivatives exchange faced significant selling pressure, with the front-month August contract plunging 72 ringgit, or 1.58%, to close at 4,479 ringgit (approximately USD 1,104.56) per ton. This closing price not only breached a key psychological level but also marked a more-than-two-week low since May 25. On a weekly basis, the contract posted a cumulative decline of 1.65%, fully reversing the prior three-week rally. The primary driver behind this pullback lies in the fact that although exports have shown early signs of recovery, supply-side concerns emerged unexpectedly due to higher-than-expected production...

FX678 FinanceJun 12 19:02

USDA June Monthly Report: U.S. Soybean Supply and Demand Outlook

The June forecast for U.S. soybean production in the 2026/2027 marketing year is 4.435 billion bushels, unchanged from the May forecast. The June forecast for U.S. soybean ending stocks in the 2026/2027 marketing year is 310 million bushels, compared with market expectations of 312 million bushels and the May forecast of 310 million bushels. The June forecast for U.S. soybean yield in the 2026/2027 marketing year is 53 bushels per acre, unchanged from the May forecast.

Golden10 DataJun 12 00:39

Can the export-driven momentum melt the stubborn inventory overhang? Palm oil prices, posting consecutive gains, are now testing the upper boundary of the consolidation range.

On Thursday (June 11), palm oil futures on the Malaysia Derivatives Exchange rose for the second consecutive trading day, with the benchmark August contract settling up 17 ringgit, or 0.37%, at 4,555 ringgit per metric ton (approximately USD 1,120.82). During Asian trading hours, competing vegetable oils generally strengthened, providing supportive spillover effects for palm oil. However, gains were capped by weakening crude oil prices and a slight appreciation of the ringgit, resulting in a modest upward shift in the trading range. The immediate driver behind this rebound in external edible oil markets was the collective upward movement of competing oils. On the same day, the most actively traded soybean oil contract on the Dalian Commodity Exchange closed 0.55% higher.

FX678 FinanceJun 11 18:46

After palm oil prices fell to a two-week low, the market is awaiting an inescapable answer.

On Tuesday (June 9), the benchmark palm oil contract for August delivery on the Malaysia Derivatives Exchange closed at MYR 4,527 per tonne, down MYR 48 or 1.05% on the day. This closing price marked the lowest level since May 26, fully erasing the gains from the previous session’s rebound. Market sentiment weakened again under the persistent pressure of sluggish export demand. Weak exports are currently driving short-term trading dynamics, with the core market pressure stemming from the export sector. Malaysian palm oil product exports in May declined by between 8.8% and 15.5% month-on-month, according to data previously released by several cargo surveyors. Need

FX678 FinanceJun 9 18:45

Malaysian palm oil futures edged higher, supported by expectations of a decline in May production.

On Monday (June 8), Malaysian palm oil futures rebounded slightly after two consecutive days of declines. The benchmark August FCPO contract settled at MYR 4,573 per tonne, up MYR 19 from the previous trading day, representing a gain of 0.42%. This movement was primarily driven by expectations of a significant decline in Malaysian palm oil output in May, a weaker ringgit, and a recovery in energy prices. However, uncertainty surrounding Indonesia's B50 biodiesel policy and potential adjustments to export policies limited the upside. Fundamentals-driven factors: Production outlook and new developments on the supply side This week, market attention is focused on the upcoming release scheduled for June 10 (Beijing time)

FX678 FinanceJun 8 18:40

Global Commodities Roundup: Market Talk

WSJJun 5 21:15

Global Energy Roundup: Market Talk

WSJJun 5 18:24

Food Prices Mostly Stable in May But Middle East Conflict Threatens Broader Shock, UN Says -- Update

WSJJun 5 16:54

U.S. Corn Export Sales Land on Low Side of Forecasts

WSJJun 4 21:22

Palm Oil Market Analysis: Weak demand and declining external vegetable oil prices exerted dual downward pressure, causing the benchmark contract on the Bursa Malaysia Derivatives Exchange to give back the previous day's gains.

On Thursday, the benchmark palm oil futures contract (FCPOc3, expiring in August) on the Malaysia Derivatives Exchange closed at MYR 4,602 per tonne, down MYR 75 or 1.6% from the previous trading day, fully erasing the prior session’s rebound gains. Prices remained under pressure throughout the session, showing weakness during Asian trading hours and failing to recover lost ground. This decline occurred against a backdrop of multiple bearish factors converging: on one hand, spot market export demand has remained persistently weak, with May shipment data already indicating a clear month-on-month decline; on the other hand, related external markets—soybean oil and crude oil—also weakened simultaneously, further undermining palm oil’s

FX678 FinanceJun 4 18:51

Crude Palm Oil Falls on Soybean Oil Weakness -- Market Talk

WSJJun 4 18:18

Palm oil rebounds to a four-week high: Is this a follow-through spike, or is the crude oil–soybean oil linkage approaching a critical resonance point?

On Wednesday (June 3), Malaysian palm oil futures rebounded significantly, with the benchmark contract briefly rising more than 3% during the session and closing at a four-week high. The move was primarily driven by strength in Chicago soybean oil, while renewed tensions in the Middle East pushed crude oil prices higher, enhancing the appeal of palm oil as a biodiesel feedstock. However, profit-taking pressure limited gains, resulting in choppy trading near the session highs. Market drivers: Linked movements in competing oils and macro support On June 3, the benchmark FCPOc3 contract for August delivery on the Malaysia Derivatives Exchange rose MYR 140, or 3.09%, to close at MYR 4,675.

FX678 FinanceJun 3 18:59

Palm Oil Market Analysis: A Tug-of-War Between Export Policy Dynamics and Biodiesel Demand

On Friday (May 29), the August contract of Malaysia's BMD crude palm oil futures settled at MYR 4,535 per tonne, down slightly by 0.04% on the day, yet marking its second consecutive weekly gain with a weekly increase of 1.09%. The most-active soybean oil contract on the Dalian Commodity Exchange rose 0.75% that day, while its palm oil counterpart gained 0.37%. Chicago soybean oil futures also edged up modestly by 0.1%. Malaysian palm oil futures traded with underlying strength throughout the week, and the positive weekly candle reflects ongoing market digestion of Indonesia’s policy shifts and expectations for biodiesel demand. However, the slight decline on the day suggests simultaneous pressure from profit-taking in the short term and weak demand.

FX678 FinanceMay 29 18:56

IOI: Crude Palm Oil Price to Continue to Be Supported by Elevated Soybean Oil Prices

Dow JonesMay 29 18:00

Behind Palm Oil’s Sustained Decline: Weakening Demand Signals Across the Board—Is This a Normal Correction or a Trend Reversal in the Making?

On Monday (May 25), Malaysian palm oil futures closed lower, tracking weakness in competing edible oils on the Dalian market, with falling crude oil prices and weak export data further dampening market sentiment. The benchmark August-delivery FCPO contract declined by 14 ringgit, or 0.31%, closing at 4,472 ringgit per tonne (approximately USD 1,131.87). Spot exports fell significantly, according to independent inspection agencies, which reported a notable decline in Malaysian palm oil product exports from May 1–25 compared to April 1–25. AmSpec Agri Malaysia estimated the drop at 18.0%.

FX678 FinanceMay 25 18:53

Countdown to Palm Oil Weekly Chart Bottoming Out: Can Crude Oil and Soybean Oil Synergy Drive a Genuine Reversal Amid Export Declines of 13.9%–20.5%?

On Friday (May 22), Malaysian palm oil futures rebounded notably. The benchmark FCPOc3 contract for August delivery rose by 51 ringgit in early trading, up 1.14% to 4,509 ringgit (approximately USD 1,138.06) per ton. The contract has gained 1.99% so far this week, potentially ending a three-week consecutive decline. This rebound was primarily supported by positive external cues: stronger soybean oil prices in Chicago and supportive movements in the crude oil market. Market participants should monitor whether this rally can evolve into a sustained trend reversal, which will depend on further confirmation from underlying supply-demand fundamentals. External oils

FX678 FinanceMay 22 18:55

A sharp drop in exports combined with a breakdown in crude oil prices—is palm oil approaching a critical juncture driven by both sentiment and technical factors?

On Thursday (May 21), Malaysian palm oil futures extended their losses, with the benchmark August contract FCPOc3 closing down 126 ringgit, or 2.75%, at 4,457 ringgit (approximately USD 1,125.51) per tonne. The decline exceeded 2% in a single day, marking the second consecutive trading session of declines. Data from a prominent institution showed that Malaysia’s palm oil product exports from May 1–20 fell by 13.9%–20.5% month-on-month, with weak export demand serving as the primary drag. Meanwhile, crude oil prices continued their previous downward trend, further diminishing the appeal of palm oil as a biodiesel feedstock. Dalian Commodity Exchange

FX678 FinanceMay 21 18:37

Express News | India revises tariffs on gold, silver, palm oil, and soybean oil.

BreakingsMay 16 00:24

A vacuum in demand coupled with exchange rate repercussions: Palm oil is approaching a critical question of who will take over the market?

On Wednesday (May 13), Malaysian palm oil futures fell to a two-month low. The benchmark July contract closed at 4,440 ringgit per ton, down 41 ringgit from the previous trading day, representing a decline of 0.91%, marking the lowest closing price since March 10. Data from internationally renowned institutions indicated that weak demand from key destination buyers was the main factor dragging down the market on that day. During the same period, Dalian palm oil contracts dropped by 1.28%, while soybean oil contracts edged down by 0.04%. This trend directly echoed shifts in the competitive landscape of the global vegetable oil market. The palm oil market is currently facing the real test of a near-term demand vacuum. May 13

FX678 FinanceMay 13 19:16

Surging oil prices trigger new investment opportunities! Hedge funds make a "lightning" move into agricultural commodities.

Despite the recent significant fluctuations in oil prices, Wall Street's "smart money" is quietly shifting focus and rapidly flooding into the agricultural commodities market at lightning speed...

Golden10 DataMay 12 14:02