Group 1 - Palm oil prices have declined for the second consecutive trading day, reaching a two-week low due to weak crude oil trends and declining exports from Malaysia [1][4] - On Friday, palm oil futures fell below 4,000 ringgit per ton (approximately 986 USD), while soybean oil, a major competitor in the fuel and food markets, also dropped by 1.8% on Wednesday [1] - The decline in crude oil prices is attributed to widespread geopolitical risks and sustained global supply growth, with West Texas Intermediate (WTI) oil falling by 0.9% to settle at 57.42 USD, marking a 20% decline for the year 2025 [1] Group 2 - Malaysia's palm oil exports have faced pressure, with a 5% month-on-month decrease in December, totaling 1.2 million tons according to AmSpec data [4] - The holiday season purchasing may provide support below 4,000 ringgit per ton, with expectations of buying on dips; demand ahead of the Lunar New Year and Ramadan in February 2026 is anticipated to drive prices up [4]
原油疲软与大马出口下滑双重承压 棕榈油连跌两周触及低点
Zhi Tong Cai Jing·2026-01-02 08:01