1024 GMT - Crude palm oil ended lower for another session, weighed by persistent weakness in the Chicago soybean oil market, says David Ng, a trader at Kuala Lumpur-based Iceberg X. Recent weakness in export demand is also pressuring prices in the near term, he says. Ng sees prices of palm oil supported above 4,480 ringgit a ton and resistance at 4,750 ringgit a ton. The Bursa Malaysia Derivatives contract for August delivery was 47 ringgit lower at 4,554 ringgit a ton. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
June 05, 2026 06:24 ET (10:24 GMT)
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