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Live Updates  >  Live Update Details

2026-09-15 18:08:09

[Palm Oil Rises, Following Competitive Edible Oil Gains] ⑴ Palm oil rose during Asian trading hours, with the November delivery contract on the Malaysian Derivatives Exchange closing up 33 ringgit at 4,883 ringgit per tonne. ⑵ A report stated that prices were likely supported by overnight strength in competing edible oils and continued concerns about El Niño-related hot and dry weather conditions expected to impact production. ⑶ The report set a resistance level of 4,950 ringgit per tonne for the November futures contract.

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