0101 GMT - Palm oil prices are unlikely to be affected by the resumption of U.S.-China soybean trade, TA Securities analyst Angeline Chin says in a note. The two oils often move in tandem due to their use in similar products. While increased soybean oil supply could weigh on demand for crude palm oil, firm biodiesel demand under Indonesia's B50 mandate, seasonal monsoon-related production slowdown and lower Malaysian inventories should limit downside risks. Unless China significantly scales up its soybean imports from the U.S., the overall impact on palm oil fundamentals may remain limited, she adds. TA maintains a neutral rating on Malaysia's plantation sector. It rates United Malacca at buy, Kuala Lumpur Kepong at hold, and SD Guthrie and IOI at sell. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
October 30, 2025 21:01 ET (01:01 GMT)
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