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BMD Malaysia Palm Oil Futures Fall on Tuesday; Prices Seen Holding Above 4,400 MYR/Ton

GateNews
Commodities
According to foreign media reports, BMD Malaysia palm oil futures declined on Tuesday, reversing the previous day's gains. Analysts at CGS International and CIMB Securities expect palm oil prices to remain elevated, citing concerns over potential supply tightness in coming months amid sustained demand. April production growth appears seasonal, with weather-related disruptions continuing to pose risks. Crude palm oil prices are projected to stay high throughout 2026 due to structural supply constraints and strong biodiesel demand, with the annual average price estimated at 4,400 Malaysian ringgit per ton.
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MARA Holdings posted a Q1 net loss of $1.3 billion, and its stock fell 3.44% after hours

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pozhenlevip
· 05-12 11:02
Steadfast HODL💎
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