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Commodity News Details
Crude palm oil futures slippery in Malaysia, nears MYR 4000 per tonne
16-Feb-2026 15:48
Malaysian palm oil futures continued to stay weak as demand worries weighed on the counter. The benchmark FCPO1 palm oil contract for April delivery on Bursa Malaysia rose shed 0.79%, to close at 4,018 ringgit per metric tonne. The counter had lost 2.5% in last week. Markets are eying Indian import trends. India's January palm oil imports rose 51% from the previous month, hitting a four-month high. However, soybean oil imports fell to a 19-month low and markets grew concerned about the pace of imports in near term as rabi oilseeds crop is about to hit the local markets in India. Market is likely to see choppy moves over next few days on Lunar Holiday in China.

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