Malaysian palm oil/Vegoils: Market factors to watch Monday June 11


Malaysian palm oil futures dipped on Tuesday evening, hitting their lowest in a week and tracking overnight losses in related edible oils such as soyoil on the U.S. Chicago Board of Trade and China's Dalian Commodity Exchange

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday June 11.

FUNDAMENTALS

* Malaysian palm oil futures hovered near a one-month low and extended losses into a fifth straight session on Friday, tracking weaker soybean prices in Chicago, while slowing demand growth and higher inventories also weighed.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Lagenda buys Kedah land for RM148.98mil
Ringgit ends lower against the greenback
KTI Landmark eyes broader horizon post-IPO
Advancecon wins Sime Darby Prop contract
MAHB shareholder expresses doubt over takeover bid
Sunway to focus on core businesses
TNB gears up for energy transition with significant capex
CEO Action Network unveils DEI Implementation Guide for Malaysia
Bank Islam’s net profit rises to RM129mil in 1Q
Futures regulator homes in on carbon markets

Others Also Read