Global Markets
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
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
Palm Oil

Palm Oil on Track for Second Straight Weekly Drop

Malaysian palm oil futures hovered below MYR 4,500 per tonne on Friday, set for a second weekly decline, down about 1.4% so far. Weakness stemmed from softer soyoil prices in Chicago markets and sluggish exports, with cargo surveyors noting April 1–15 shipments fell over 34% mom amid muted festive demand. Easing Middle East tensions also pressured crude oil, dampening risk appetite. Still, losses were capped by a weaker ringgit and firmer edible oil prices on China’s Dalian exchange. On the demand side, purchases from India, the largest consumer, are expected to rebound after March imports dropped 19% to a three-month low. Supply factors remained supportive, with inventories falling for a third month to a seven-month low. Meanwhile, Malaysia’s palm-based biodiesel consumption is projected to rise by more than 300,000 tonnes annually, according to the Malaysian Palm Oil Board, as the country joins top supplier Indonesia in boosting blending mandates to curb reliance on energy imports.

Today Markets

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button