Malaysia's Palm Oil Futures Hit the Skids: A 3% Plunge Shakes the Market

Unknown Apr 02, 2026 850 Views

Malaysian benchmark crude palm oil (CPO) futures dropped sharply by 3.05% to 4,352 ringgit per metric ton today on the Bursa Malaysia Derivatives Exchange. The drop mirrors increasing pressures from global trade tensions, competition from alternative edible oils, and anticipations of greater prod...