Palm Oil Prices Rally to 8-Month High

Palm Oil Prices Rally to 8-Month High

Physical prices for palm oil and products were higher this week, in step with a midweek rally in Malaysian palm oil futures. Indications for palm oil and olein in the U.S. Gulf topped 50 cents per pound, their highest levels in eight months since July 2023.

At the futures market, the benchmark May palm oil futures on the Bursa Malaysia ended at a multi-month high above 4,000 ringgit per tonne on Wednesday. The contract settled at 4,085 ringgit per tonne, up 95 ringgit per tonne, or 2.4 percent. Bullish comments from a market analyst helped to push the market sharply higher today.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets