Malaysian palm oil futures slipped recently, pressured by weaker rival edible oils such as soybean and sunflower oils. Despite the pullback in prices, contracts remained poised for a third weekly gain, suggesting underlying support in the market as traders lock in profits and assess broader commodity trends.
In contrast, other sessions saw palm oil rise alongside stronger rival edible oils and positive export data, which helped support prices and put the commodity on track for weekly gains. This illustrates ongoing volatility but resilience in palm oil pricing.
According to the latest UN FAO figures, world food prices — including vegetable oils — dipped for a fourth month, contributing to downward pressure on edible oil quotations globally. However, overall 2025 food prices remained higher than the previous year’s average, underscoring continuing demand and market balance issues.
