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Malaysian crude palm oil (CPO) futures fell on Wednesday May 8, reversing earlier gains amid expectations of higher supply in the second quarter and losses across the vegoils complex.

Malaysian crude palm oil (CPO) futures rose on Tuesday May 7, tracking similar movements in other vegetable oil futures.

Chicago futures surged across the soybean complex on Monday May 6, with beans and meal leading the movement while uncertainties related to strikes in Argentina and weather-related concerns in South America prompted funds to buy.

Crude palm oil (CPO) futures slipped marginally on Friday May 3, with the downward pressure from weaker related oils being capped by expectations of lower inventories.

Crude palm oil (CPO) futures closed in positive territory on Thursday May 2 after trading resumed following the Labor Day/Workers’ Day holiday, recovering some of the losses seen earlier this week.

Direction across much of the wider vegetable oil complex reverted to the United States on Wednesday May 1, with great swathes of the trading world suspended due to international holidays.

Soyoil futures in Chicago fell steeply to multi-year lows on Tuesday April 30, pressured by multiple factors, with palm oil futures also losing ground in Asia.

Crude palm oil (CPO) futures inched up on Monday April 29, aided by strength in related vegoils, though trading was cautious with the market waiting further indications for April’s supply and demand performance while Chicago soyoil prices faced headwinds due to surging soymeal quotations.

Crude palm oil (CPO) futures closed the week in positive territory on pre-weekend positioning and support from slightly firmer rival oils on Friday April 26.

Crude palm oil (CPO) futures slid for a second consecutive session on Thursday April 25, with downward pressure coming from weaker rival oils and indications of softer export demand.

Crude palm oil (CPO) futures ended a two-day rally to close lower on Wednesday April 24, following indications of a softer growth in exports and a slowdown in short covering.

Crude palm oil (CPO) futures extended their gains for a second day on Tuesday April 23, buoyed by strength in related vegetable oils. Early gains were moderated at the close of trade, with market participants awaiting further indications on production performance amid a relatively steady export pace.

Crude palm oil (CPO) futures closed higher for the first time in seven days on Monday April 22, following a round of bargain buying and supportive export data.

Crude palm oil (CPO) futures fell to the lowest level since the end of February on Friday April 19 on continued weakness in the wider vegoil complex and when the initial reaction to stronger crude oil prices earlier in the day tapered off.

Crude palm oil (CPO) futures continued to fall to a six-week low on Thursday April 18 due to similar movements in related Asian vegoil futures and crude oil prices.

Crude palm oil (CPO) futures fell on Wednesday April 17 for the fourth consecutive session due to continued weakness across the vegetable oil complex and softer energy values, amid expectations of gradually improving output.

Crude palm oil (CPO) futures fell on Tuesday April 16 amid lower vegoil-related futures, profit-taking activity and overall softer crude oil futures.

Crude palm oil (CPO) futures fell on Monday April 15 in anticipation of greater supply from the second quarter and softer crude futures.

Crude palm oil (CPO) futures resumed trading after a two-day break and finished the week in negative territory, tracking losses in the wider vegoil market.

Soyoil futures on the Chicago Mercantile Exchange (CME) plummeted on Thursday April 11 to their lowest in nearly a month.