Palm Oil Dips on Weaker Crude and Fall in Malaysian Palm Exports

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By Srinidhi Ragavendran

January 2, 2026 at 5:35 AM UTC

Palm oil fell for a second session, hitting the lowest in two weeks as it tracked weaker crude and declining Malaysian exports.

Futures dipped below 4,000 ringgit ($986) a ton on Friday while soybean oil, palm’s closest rival in fuel and food markets, also closed 1.8% lower on Wednesday.