Malaysian Plantation Stocks Rise as Broader Market Falls on US Tariff News
Palm oil exemptions shield sector while benchmark index drops 0.79% amid trade tensions and oil price surge
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Palm oil exemptions shield sector while benchmark index drops 0.79% amid trade tensions and oil price surge

Forecasters confuse spot prices with futures, gross disruption with net deficit, and temporary cushions with lasting supply - leaving markets blind to the real risk.

Domestic bullion prices climbed in afternoon trading on Wednesday, defying a global sell-off driven by Middle East tensions and Federal Reserve policy expectations.

Taiwan's largest steelmaker posted NT$3.31 billion pretax profit in Q2 2026 as steel prices recovered and margins expanded, though US and Europe tariffs cloud outlook

October futures reached RM4,721 per tonne as traders price in El Niño production threats and rising crude prices that boost vegetable oil demand for biofuels

Domestic bullion fell 2.74% Thursday while global prices held steady near recent highs, caught between Middle East tensions and expectations of prolonged higher rates

Malaysia's plantation giant saw second-quarter earnings slide 22 per cent on weaker palm oil prices and currency hedging losses, even as refinery volumes climbed.

Premium Monthong variety now fetches $3 per kilogram at orchards as border clearance policy and seasonal supply shifts drive export surge

Strong trade data cushions currency against global volatility while geopolitical risks weigh on regional sentiment

The Kaohsiung steelmaker drops prices NT$800 per tonne for August amid weakening regional demand and dumped inventory diverted from protected markets in Europe and Japan

The newly listed Indian steel unit has climbed 113% since its June debut, outpacing peers in one of the year's most closely watched corporate restructurings.

Poland, China, Uzbekistan and Kazakhstan led purchases while Turkey and Russia continued selling to fund strategic priorities

September futures gain 1.25% to RM4,536 per metric ton as weaker ringgit and rival oil strength counter bearish crude signals

Southeast Asia's largest economy posted a $1.61 billion shortfall in May as energy costs climbed and export demand weakened across key commodities.