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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
Palm Oil

Palm Oil Strengthens on Export Optimism

Malaysian palm oil futures hovered above MYR 4,650 per tonne, trying to recover from earlier weakness amid a softer ringgit and firmer soyoil prices on the Dalian and Chicago markets. Strong exports also supported prices, with cargo surveyors noting June 1–20 shipments rose between 19.1% and 25% from the same period in May. Supply concerns persisted as the effects of El Niño continued to point to tighter output. In Indonesia, the world’s largest supplier, the B50 biodiesel mandate is set to take effect on July 1, boosting expectations for stronger domestic consumption. Meanwhile, India’s palm oil imports are projected to top 600,000 tonnes in June, up from 549,356 tonnes in May, highlighting resilient demand from the world’s biggest buyer. However, gains were capped by weaker crude oil prices as easing concerns over disruptions in the Strait of Hormuz weighed on the energy market. Separately, Malaysia trimmed its July crude palm oil reference price while keeping its export duty at 10%.

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