Express News | India revises tariffs on gold, silver, palm oil, and soybean oil.
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
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...
Palm Oil Falls on Softer Soybean Oil Prices -- Market Talk
In the rift of diverging bullish and bearish consensus on Malaysian palm oil, who is speculating on the second revaluation of its 'energy attribute'?
Against the backdrop of heightened volatility in the global oils and fats market, Malaysian palm oil futures ended a three-day losing streak on Monday (May 11), showing signs of stabilization at lower levels. By the close of trading, the benchmark July palm oil contract on the Malaysia Derivatives Exchange (BMD) rose by 11 ringgit, or 0.24%, to settle at 4,516 ringgit per metric ton. This rebound was primarily driven by the strengthening prices of related external commodities—soybean oil and crude oil. In terms of market performance, although early trading still reflected the downward momentum from last week’s consecutive declines, as trading progressed during the Asian session, the highly correlated Chicago Board of Trade (
Global Equities Roundup: Market Talk