Palm Oil Rises on Stronger Oil, Higher Export Estimates -- Market Talk

Dow Jones
03/16

1008 GMT - Palm oil ended higher on stronger crude oil prices and higher export estimates, says David Ng, a trader at Kuala Lumpur-based Iceberg X. The market is expecting higher exports due to the recent Middle East conflict, which has been forcing importers to secure shipment amid the uncertainty as well as the price discount of palm oil, he adds.The trader sees prices supported above 4,500 ringgit a ton and resistance at 4,780 ringgit. The Bursa Malaysia Derivatives contract for June delivery closed 82 ringgit higher at 4,654 ringgit a ton.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

March 16, 2026 06:08 ET (10:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10