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Palm oil prices climb on Eid demand and biodiesel push - DirectorsTalk

Summary by DirectorsTalk
Palm oil prices are on a tear, climbing for a fourth straight session with no signs of slowing. With Eid al-Fitr around the corner, strong demand from key buyers is lighting a fire under futures markets, while global supply constraints and biodiesel expansion plans are laying the groundwork for sustained bullish momentum. Palm oil futures traded around MYR 4,435 per tonne, driven higher by robust demand in the lead-up to Eid al-Fitr—historically…
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DirectorsTalkDirectorsTalk

Palm oil prices climb on Eid demand and biodiesel push - DirectorsTalk

Palm oil prices are on a tear, climbing for a fourth straight session with no signs of slowing. With Eid al-Fitr around the corner, strong demand from key buyers is lighting a fire under futures markets, while global supply constraints and biodiesel expansion plans are laying the groundwork for sustained bullish momentum. Palm oil futures traded around MYR 4,435 per tonne, driven higher by robust demand in the lead-up to Eid al-Fitr—historically…

Read Full Article
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DirectorsTalk broke the news in on Monday, March 31, 2025.
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