KLCE CPO Closing Report – Week Ends with Sharp Decline

18-Apr-2025 04:24 PM

KLCE CPO Closing Report – Week Ends with Sharp Decline  
★ On the final trading session of the week, April 18, 2025, crude palm oil (CPO) prices witnessed a significant drop. Contracts for April, May, and June all saw steep declines.

KLCE CPO Prices on April 18, 2025:  
- April: 4118, down by 66 points  
- May: 4016, down by 54 points  
- June: 3975, down by 36 points  

★ On April 15 and 16, CPO prices showed slight upward movement, especially in the June contract, which saw gains between ₹19–30.  
★ April 17 also reflected a positive market trend, but on April 18, all contracts experienced a simultaneous drop.

USD/INR Exchange Rate:  
- April 14: $86.28  
- April 18: $85.42  
★ The Indian Rupee strengthened slightly against the US Dollar by the end of the week.
★ The ongoing tariff war between the US and China has impacted the overall edible oil and oilseed markets.  
★ China is the world’s largest importer of soybeans, while the US is a leading exporter. This trade tension is influencing global price trends across related commodities.