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Live Updates  >  Live Update Details

2026-02-16 10:54:12

Palm oil prices fell in early Asian trading amid sluggish market sentiment during the Lunar New Year holiday, a report from AmInvestment Bank stated. The bank noted that technical analysis predicts crude palm oil futures may continue to decline. AmInvestment Bank identifies resistance at RM4,201 per tonne and support at RM3,976 per tonne for crude palm oil futures. The bank added that the outlook remains negative as long as prices remain below the resistance level. The May contract on the Bursa Malaysia Derivatives Exchange fell RM4 to RM4,042 per tonne.

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