Price move Hellenic Shipping News Worldwide reported on 17 August 2026 that Malaysian palm oil futures rose by more than 2% to around MYR 4,820 per tonne, marking their highest level since early April and reversing recent weakness. Drivers Market participants cited a combination of factors supporting the advance: - Firmer edible oils on the Dalian exchange lifted sentiment.
- Bargain hunting provided additional buying support. - Demand prospects improved after India's edible oil imports reached a 10-month high in July.
Context The Hellenic Shipping News Worldwide item supplies the price levels and the market drivers above.