Monday, 15 June 2026 · Morning Intelligence Brief
US-Iran peace deal collapses oil prices, drags palm oil
Crude oil fell 4%+ after Trump called off Iran strikes; peace deal imminent, easing supply disruption fears across energy and veg oils
India palm oil imports May up 7% MoMAug settled RM4475, down RM76 on dayUSDA raised Argentina/Brazil corn and…Further crude oil weakness if Iran…Open RM4480-4490; support RM4400-4410
FCPO Settlement
4,475
-76
Support / Resistance
4,400 / 4,500
MYR/MT range
Volume
119,170
OI 1914
FCPO Price Trend
4,475-1.67%
FCPO 3rd Month · 1M · MYR/MT
Market Sentiment
Bearish
Short Term — majority expect prices to rise in Q3 driven by supply constraints and biodiesel mandates.
45% Bulls30% Neutral25% Bears
FCPO Price Forecast
4,475+13 (+0.29%)
Aug 26 · MYR/MT
Analyst target
4,490–4,630
1–4 week range
Hover a forecast point to see key factor:
Jul '26 ↗
Sep '26 ↗
Dec '26 ↗
Key PricesAll →
Futures
FCPO (3M)
4,475-1.67%
RBD Olein
1,140+0.00%
CBOT Soy
1,638-0.23%
Brent
87.33-3.38%
Physical
MY CPO
4,425MYR
ID CPO
1,190+0.00%
USD/MYR
4.060+0.00%
Market NewsAll →
India weather bureau forecasts moderate to strong El Nino Jun-Sep
El Nino conditions may persist through monsoon season, raising concerns over rainfall and crop…
India palm oil imports in May up 7% from April to 549,356 MT
Soyoil imports rose 37% to 493,854 tons; sunflower oil imports fell 32% to 295,726 tons per SEA
Chicago soybeans fall to lowest since early February
US-Iran deal and favourable US crop weather plus higher South American production forecasts…
US-Iran preliminary peace deal sends oil prices sharply lower
Trump called off military strikes on Iran; peace agreement could be signed within days, easing…
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Key SpreadsFull →
BOPO (CPO–Soy CBOT)-534USD/MT
CPO vs Soy (Argy)-258USD/MT
CPO vs Gasoil+171USD/MT
Malaysia–Indonesia+70MYR/MT
RBD Olein Premium+92MYR/MT
Stock LevelsEnd Apr 25 · M MT
Indonesia
4.35
Malaysia
2.30
Thailand
0.82
China
0.65
India
0.55
EU
0.48
Million MT
Weather OverviewFull →
Rain MTDStatus
Peninsular MY32°C245mmNormal
Sabah31°C320mmCaution
Sarawak30°C298mmNormal
Sumatra33°C210mmWatch
Kalimantan32°C265mmNormal