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IOI Group: Malaysian palm oil prices may be suppressed by a stronger ringgit, the delayed implementation of mandatory B50 biodiesel in Indonesia, and high inventory levels in Malaysia. Palm oil prices are expected to continue to find support above 4,

2026-02-24

IOI Group: Malaysian palm oil prices may be suppressed by a stronger ringgit, the delayed implementation of mandatory B50 biodiesel in Indonesia, and high inventory levels in Malaysia. Palm oil prices are expected to continue to find support above 4,000 Malaysian ringgit per tonne over the next three months.

Other News
2026-02-24

1. Novo Nordisk (NVO.N) shares fell over 3% pre-market after cutting the price of semaglutide in the US by 50%. 2. FedEx (FDX.N) sued the US government, demanding a full refund of emergency tariffs. 3. Apple (AAPL.O) accelerated domestic production

1. Novo Nordisk (NVO.N) shares fell over 3% pre-market after cutting the price of semaglutide in the US by 50%. 2. FedEx (FDX.N) sued the US government, demanding a full refund of emergency tariffs. 3. Apple (AAPL.O) accelerated domestic production in the US, with Mac Mini production scheduled to begin later this year. 4. SpaceX CEO Elon Musk envisioned launching AI satellites from the moon via electromagnetic catapults to support high-performance computing needs such as AI. 5. Apple (AAPL.O) announced it will purchase over 100 million advanced chips from TSMC's Arizona factory by 2026. 6. AMD (AMD.O) and Meta Platforms (META.O) announced an expanded strategic partnership to deploy 6 gigawatts of AMD GPUs. 7. Amazon (AMZN.O) invested $12 billion in a data center in Louisiana to meet cloud computing and AI demands.
2026-02-24

Fitch: The long-standing U.S. trade regime is in flux following the Supreme Court ruling.

Fitch: The long-standing U.S. trade regime is in flux following the Supreme Court ruling.
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