Markets
Palm oil starts 2026 trade on weak note, production data in focus
- The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange dropped 1.41% to 3,993 ringgit
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JAKARTA: Malaysian palm oil futures opened lower on Friday, their first trading session in 2026, as market participants digested sluggish cargo surveyor exports data and awaited December production numbers for further price guidance.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange dropped 1.41% to 3,993 ringgit ($984.71) a metric ton in early trade.
Prices fell nearly 9% in 2025 on geopolitical uncertainties and tariffs concerns.
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