Malaysian palm oil price jumps over 3% as ringgit slumps


KUALA LUMPUR: Malaysian palm oil futures jumped more than 3 percent on Tuesday to their highest in nearly two weeks as the ringgit slid and overseas soyoil markets tracked by palm underpinned sentiment.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
palm oil , oil palm , commodities , plantations , oil , futures , klci , klse , stocks , shares ,

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read