PALMOILMAGAZINE, JAKARTA — Malaysia’s crude palm oil (CPO) futures rebounded on Friday (May 22, 2026), recovering from earlier losses as bargain hunters returned to the market following sharp pressure earlier this week triggered by Indonesia’s new palm oil export monitoring mechanism.
According to Reuters, the benchmark August 2026 CPO contract on the Bursa Malaysia Derivatives Exchange rose RM40 per ton, or approximately 0.9%, to RM4,498 per ton during the midday trading session.
The recovery also raised hopes for the market to post its first weekly gain after recording declines for three consecutive weeks. By Friday afternoon, CPO prices had climbed around 1.76% on a weekly basis.
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In Indonesia’s domestic market, CPO prices at KPBN Inacom continued to experience withdrawals (WD). However, the highest bid price improved slightly to IDR12,377/kg on Friday, up IDR92/kg compared to IDR12,285/kg recorded on Thursday (May 21, 2026).
Meanwhile, other vegetable oil markets showed mixed performance. The most active soybean oil contract on China’s Dalian Commodity Exchange slipped about 0.85%, while Dalian palm oil futures declined 1.65%.
In contrast, soybean oil prices on the Chicago Board of Trade gained approximately 0.35%, reflecting mixed sentiment across the global vegetable oils market as traders continued to assess supply-demand dynamics and policy developments from major producing countries. (P3)
