The August contract of palm oil, negotiated in Malaysian Derivatives Exchange (MDEX)The futures contract for palm oil closed Friday's session (3) with a slight decrease of 0.34%, quoted at US$ 1,095.25/ton; the September contract fell 0.45%, to US$ 1,100.75/ton. For the week, futures accumulated losses of 1.35% and 1.48%, respectively. This was the second consecutive weekly decline recorded by the commodity, which has been pressured by the contraction of oil in the international market, a factor that reduces the competitiveness of biofuels produced from oilseeds, such as palm oil. Also weighing negatively on prices was Reuters' report that Indian palm oil imports totaled 492,000 tons in June, a 10.5% decrease compared to May and the lowest level since April 2025. The report cited estimates from five traders familiar with the matter. The data considered official by the market should be released next week by the Solvent Extractors Association of India (SEA). Also on the radar is the implementation of B50 this week in Indonesia, a policy that raises the share of palm oil-based biodiesel in the blend with conventional diesel to 50%. The government has established a three-month transition period for distributors and fuel stations to sell off remaining stocks of B40 (the previous mandate).
This text was translated by machine from Brazilian Portuguese.