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Palm falls for a second session on weaker crude oil, stronger ringgit
calendar24-02-2026 | linkBusiness Recorder | Share This Post:

Business Recorder (23/02/2026) - JAKARTA: Malaysian palm oil futures extended losses to a second session on Monday, tracking weakness in crude oil while a stronger ringgit added pressure to the contract.

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange lost 21 ringgit, or 0.51%, to 4,071 ringgit ($1,047.34) a metric ton in early trade.

Read more at https://www.brecorder.com/news/40408556/palm-falls-for-a-second-session-on-weaker-crude-oil-stronger-ringgit