Palm Oil Finds New Momentum As Supply Tightens

Palm Oil Finds New Momentum As Supply Tightens

Palm oil futures have regained footing, lifted by early signs that domestic output may be slipping as the harvest season draws to a close. Traders are increasingly positioning for tighter supply in the months ahead, particularly as inventories appear set to ease. The tone of the market has turned more cautious, but also more constructive, as participants weigh the implications of slowing production against resilient demand from major importers. …