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Crude palm oil (CPO) futures in Malaysia fell for the third consecutive day on Friday July 5 on losses in related vegoils futures, as well as on profit taking ahead of the Malaysian public holiday on Monday July 8.

Crude palm oil (CPO) futures dipped slightly on Thursday July 4, tracking similar movements in some vegetable oil futures and lower crude oil prices.

Soyoil futures on the Chicago Mercantile Exchange extended their rally on Wednesday July 3, while Malaysian crude palm oil (CPO) fell slightly on profit-taking.

Crude palm oil (CPO) futures surged on Tuesday July 2 to the highest price in nearly 12 weeks and extended gains for the fifth straight session, tracking strength from the wider vegoils complex and finding further support on a tighter supply outlook and an active cash market.

In the Americas, soyoil futures surged on Monday July 1 amid a short squeeze with managed money investors pressured to get off a large holding of net short positions.

Crude palm oil (CPO) futures in Malaysia rose for the third consecutive day on Friday June 28 on gains in vegetable oil futures in Asian markets.

Soyoil futures in Chicago edged lower on Thursday June 27, while Asian vegoil and European rapeseed prices increased, lifting cash prices.

Soyoil futures in Chicago rebounded steeply to erase the previous day’s losses on Wednesday June 26, when Phillips 66 announced a ramp-up in the run rate of one of its biofuels plants in the US, and crude palm oil (CPO) futures in Malaysia traded marginally higher with support from firmer related vegoils and stronger crude oil values.

Crude palm oil (CPO) futures in Malaysia traded lower on Tuesday June 25 under pressure from weaker related vegoils and a soft export pace.

Soyoil futures edged lower on Monday June 24 on product spreading dynamics, while Malaysian crude palm oil (CPO) futures were rangebound with higher crude values reducing the effects of lower vegetable oil futures on Chinese exchanges.

Crude palm oil (CPO) futures fell on Friday June 21, erasing most of the gains from the previous two days, with pressure coming from weaker related vegoils amid limited bullish factors to keep prices in positive territory.

Crude palm oil (CPO) futures made marginal gains on Thursday June 20 amid mixed export demand indications, while firmer related vegoils provided support.

Crude palm oil (CPO) futures recovered on Wednesday June 19 on the back of a firmer vegoil complex, and early estimates from cargo surveyors indicate a recovery in June’s export pace.

Crude palm oil (CPO) futures finished the day lower on Tuesday June 18, when trading resumed after a long weekend holiday in Malaysia, because a sluggish export pace and weaker energy values offset slightly firmer related vegoils prices.

Soyoil futures on the Chicago Mercantile Exchange were mixed on Monday June 17, with the front end of the curve increasing on lower-than-expected soyoil stocks in the US, higher crude oil prices and product-spreading dynamics.

Crude palm oil (CPO) futures recovered from the losses in the previous day and ended higher on Friday June 14 following technical positioning and some support from a weaker Malaysian ringgit.

Crude palm oil (CPO) futures closed marginally lower on Thursday June 13 following two days of gains amid pressure from a weaker energy complex and a stronger ringgit.

Crude palm oil (CPO) futures in Malaysia extended gains on Wednesday June 12 amid technical positioning and firmer energy values, while firmer related vegoils lent further strength.

Crude palm oil (CPO) futures in Malaysia moved sideways on Tuesday June 11 on mixed fundamental supply and demand figures, while weaker related vegoils kept pressure on prices.

Crude palm oil (CPO) futures slipped on Monday June 10, tracking weaker rival oils prices on Friday June 7 and following May production figures that came in above expectations.