- Market Movement: Palm oil prices closed higher, supported by gains in soybean and crude oil markets.
- Limiting Factors: Gains were restrained by expectations of rising output and stock levels in Malaysia.
- Technical Levels: Support is seen at 3,980 MYR/ton, while resistance is at 4,150 MYR/ton.
- Latest Contract: February delivery on Bursa Malaysia Derivatives rose 32 MYR to 4,022 MYR/ton.