Malaysian palm oil futures held near MYR 4,350 per tonne after a 2% decline in the previous session to a six-week low. The recovery was supported by bargain hunting, a weaker ringgit, and firmer crude oil prices amid tightening global supply. Market sentiment also benefited from reports that the European Union will postpone enforcement of its anti-deforestation law for another year, delaying restrictions on palm oil imports. On the demand side, exports for September 1–20 are estimated to have increased by 8.3–8.7% from August, while Indian purchases are expected to remain firm ahead of the October festive season. However, upside potential remains limited as Malaysian production is forecast to peak in September–October on favorable weather, and end-August inventories rose 4.2% month-on-month to 2.2 million tonnes.

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان