Tuesday 02/December/2025 – 12:45 AM
Palm oil prices rose yesterday, Monday, to their highest level in a week, after advancing during the past three sessions, as they are expected to decline Malaysian stocks Stronger than more gains.
Palm oil is a vegetable oil taken from the fruits of the oil palm. It is widely used in food, cheese and margarine industries, cosmetics and biofuels. Large quantities of it are produced, especially in Indonesia and Malaysia. It is extracted in different ways and is divided into palm oil and palm kernel oil.
The country’s high inventories are expected to negatively impact market sentiment, said David Ng, senior trader at Iceberg Ex Ltd in Kuala Lumpur.
This came after heavy rains and widespread flooding inundated parts of Malaysia.
Futures rose in Kuala Lumpur, tracking rival soybean oil, and the market also received support from the United States’ confirmation of increased US soybean sales to China in the wake of thawing trade tensions.
Palm oil prices
The February delivery palm price on Bursa Malaysia was little changed at RM4,119/ton as of the midday break; A decrease of 7.4% since the beginning of the year, according to Bloomberg.
