Palm Oil Slides to Start the Week
Malaysian palm oil futures fell over 1% to below MYR 4,100 per tonne on Monday, reversing gains from the prior session amid the ringgit’s recent appreciation and weakness in Dalian and Chicago soyoil futures, as concerns grew over slow Chinese soybean purchases from the U.S. Additional pressure came from signs of rising Malaysian inventories, which Reuters projected could reach a 6-1/2-year high by end-November, alongside reduced Indonesian export taxes for December. Weak shipments also weighed on sentiment, with Intertek noting a 19.7% mom drop in November exports. Still, losses were limited by solid trade data from key buyer China, where exports rebounded, and imports accelerated. Demand prospects also improved in India after refiners reportedly cancelled about 70,000 tons of crude soyoil for December–January delivery due to higher global prices and a weaker rupee, making palm oil more competitive. Seasonal buying ahead of Lunar New Year and Ramadan 2026 provided further support.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market


