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24 May 2024
Crude palm oil (CPO) futures slipped into negative territory on Friday May 24, amid indications of strong production growth for May, with some price support coming from cash market activity and a slightly weaker ringgit.
23 May 2024
Crude palm oil (CPO) futures in Malaysia were rangebound on Thursday May 23, borrowing strength from related vegoils but capped by weaker fundamentals.
22 May 2024
Soyoil futures prices rose on the Chicago Mercantile Exchange on Wednesday May 22, recovering from the previous day’s losses amid stronger soybean futures, but gains were limited by losses in crude oil futures.
21 May 2024
Crude palm oil (CPO) futures in Malaysia fell on Tuesday May 21 amid position taking ahead of a holiday closure and continued indications of higher production volumes in May.
20 May 2024
Crude palm oil (CPO) futures in Malaysia edged upward on Monday May 20, tracking strength in the wider vegoil complex.
17 May 2024
Crude palm oil (CPO) futures in Malaysia made robust gains on Friday May 17 due to stronger Chinese vegoil futures.
16 May 2024
Crude palm oil (CPO) futures slipped on Thursday May 16 amid softer export demand and rising supply.
15 May 2024
Crude palm oil (CPO) futures recovered from the previous day’s losses to close higher on Wednesday May 15, propped up by firmer related vegoils and bargain buying.
14 May 2024
Soyoil futures on the Chicago Mercantile Exchange (CME) plummeted on Tuesday May 14 on reports that the US did not change the import duty on China-origin used cooking oil (UCO) while increasing tariffs for several Chinese goods.
13 May 2024
Crude palm oil (CPO) futures prices recovered on Monday May 13 after three days of losses, with support coming from rival oils, though gains were capped by expectations of better supply.
10 May 2024
Chicago soyoil futures surged on Friday May 10 amid rumors around a potential increase in US import tariffs on used cooking oil (UCO).
9 May 2024
Malaysian crude palm oil (CPO) futures tumbled on Thursday May 9 due to dives across the vegetable oil complex and lukewarm demand.
8 May 2024
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.
7 May 2024
Malaysian crude palm oil (CPO) futures rose on Tuesday May 7, tracking similar movements in other vegetable oil futures.
6 May 2024
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.
3 May 2024
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.
2 May 2024
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.
1 May 2024
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.
30 Apr 2024
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.
29 Apr 2024
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.
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