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Live Updates  >  Live Update Details

2025-12-16 11:10:21

Palm oil prices fell in early Asian trading, pressured by weak demand and dragged down by lower soybean oil futures prices on the Chicago Board of Trade (CBOT) overnight. The benchmark March crude palm oil futures contract on the Malaysian Derivatives Exchange fell 23 ringgit to settle at 3,990 ringgit per tonne. David Ng, a trader in Kuala Lumpur, noted that in addition to spillover pressure from the soybean oil market, concerns about demand were also weighing on market sentiment. The key support level for crude palm oil futures is currently around 3,900 ringgit per tonne, while the resistance level is at 4,080 ringgit.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

 4338.22

5.61

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XAG

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1.664

(2.54%)

CONC

 56.54

0.54

(0.96%)

OILC

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0.76

(1.28%)

USD

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0.277

(0.28%)

EURUSD

 1.1707

-0.0014

(-0.12%)

GBPUSD

 1.3375

-0.0004

(-0.03%)

USDCNH

 7.0341

0.0029

(0.04%)

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