Palm Oil Close Lower, Tracking Crude Oil Prices -- Market Talk

Dow Jones18:19

1019 GMT - Palm oil prices end lower, after crude oil retraced from $100 per barrel, said David Ng, a trader at Kuala Lumpur-based Iceberg X. Lower soybean oil prices also weighed on market sentiment, he added. Ng sees support for prices at 4,400 ringgit a ton and resistance at 4,550 ringgit a ton. The Bursa Malaysia Derivatives contract for June delivery closed 87 ringgit lower at 4,468 ringgit a ton. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

April 14, 2026 06:19 ET (10:19 GMT)

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