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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
MarketsPalm Oil

Palm Oil Hits Over Two-Week High

Malaysian palm oil futures extended their recent gains, hovering above MYR 4,650 and climbing to their highest level in more than two weeks. Sentiment was supported by strength in rival edible oils on the Dalian and Chicago exchanges, alongside a weaker ringgit that improved the commodity’s export competitiveness. Strong export demand also underpinned prices, with cargo surveyor Intertek Testing Services noting that Malaysian palm oil product shipments rose 19.1% during June 1-20 from the same period in May. Supply concerns added further support as the lingering effects of El Niño continued to fuel forecasts of lower production. Meanwhile, imports by top buyer India are expected to exceed 600,000 tonnes in June after rising to 549,356 tonnes in May, signaling firm demand. However, gains were capped by a sharp drop in crude oil prices after reports that the U.S. and Iran made progress in talks toward a broader agreement within 60 days, including efforts to end hostilities in Lebanon.

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