Basic Materials Update: Market Insights

Written by Emily J. Thompson, Senior Investment Analyst

Source: WSJ

Updated: Aug 20 2025

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Source: WSJ

Palm Oil Futures Decline: Palm oil futures are experiencing a drop in early Asian trading due to profit-taking and weaker soybean oil prices from the Chicago Board of Trade.
Market Outlook: Despite the current decline, prices are expected to remain above MYR4,300 per ton in the near term, influenced by slower soybean oil exports and limited palm oil supply growth relative to biodiesel demand.
Support and Resistance Levels: AmInvestment Bank anticipates that crude palm oil futures will find support at 4,434 ringgit per ton and face resistance at 4,586 ringgit per ton.
Current Trading Status: The Bursa Malaysia Derivatives November contract has decreased by 38 ringgit, settling at 4,483 ringgit per ton.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Basic Materials Update: Market Insights

About the author

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