palm

Contracts such as U.S. crude oil futures and palm oil were affected Friday morning.

Floods have yet to significantly affect palm oil output, though risks may rise if conditions worsen in major producing states, it adds.

It favors planters with significant Malaysian upstream operations, as they benefit from strong sensitivity to crude palm oil prices, while facing limited risk of land confiscation.

Food companies are still facing higher costs from tariffs on materials like aluminium, used to make canned foods; items like wine, cheese and palm oil did not make the list.

Find insight on Rio Tinto, palm oil, and more in the latest Market Talks covering Basic Materials.