MDEX: Palm oil closes moderately lower on Wednesday.

The June contract of palm oil closed the session this Wednesday (13) with a moderate drop of 0.82% in Malaysian Derivatives Exchange (MDEX)The price of palm oil fell 0.83% to US$1,122.00/ton, quoted at US$1,129.50/ton. So far this week, futures have accumulated losses of 1.64% and 1.72%, respectively. In this trading session, prices were pressured by the negative yield of palm oil in the US. Dalian Exchange (DCE)Soybean oil closed down 0.34%, while soybean oil fell 0.2% on the Chinese index. Furthermore, commodity prices were affected by the drop in oil prices, while the market awaits the outcome of the president's visit to the [unclear – possibly a government agency]. United States, Donald Trumpto ChinaLower oil prices make palm oil a less attractive option as a feedstock for biodiesel. According to data from European CommissionThe bloc imported 2.47 million tons of palm oil in the 2025/26 crop year up to May 10, a 4% decrease compared to the same period of the previous year. Malaysian ringgit strengthened 0.13% against dollar, a factor that makes palm oil more expensive for foreign buyers.

This text was translated by machine from Brazilian Portuguese.