SINGAPORE, Feb 1, 2026, 15:19 SGT — The market has closed.
- Wilmar ended Friday’s session at S$3.39, slipping 1.45%
- Next week, palm oil futures are poised to edge up as key monthly data takes center stage
- Wilmar is set to release its full-year results after the close on Feb. 26
Wilmar International shares on the Singapore Exchange dropped 1.45% to close at S$3.39 Friday, after swinging between S$3.37 and S$3.45. The market will be closed over the weekend, leaving investors to watch palm oil trends and risk sentiment for direction on Monday. (Barron’s)
Wilmar’s position at the heart of the edible oils market means it’s directly exposed to fluctuations in raw material costs and processing margins. Early February usually delivers a stream of crop, export, and inventory data that can quickly shift market sentiment.
Malaysian crude palm oil (CPO) futures on Bursa Malaysia Derivatives are set to show a “bullish bias” next week, hinting at higher prices amid signs of weaker output, said David Ng of Iceberg X Sdn Bhd to Bernama. “We expect prices to hover between RM4,200 and RM4,350 a tonne next week,” he added. Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa noted traders are eyeing January supply-and-demand forecasts ahead of the Malaysian Palm Oil Board’s monthly report, as well as the Malaysian Palm Oil Association’s Jan 1-31 production numbers and “cargo surveyors’ export data.” The February contract gained RM32 during the week to close at RM4,160 a tonne, while the physical CPO price for January South jumped RM60 to RM4,200, Bernama reported. (BERNAMA)
Palm oil dropped to 4,229 ringgit a tonne on Jan. 30, slipping 2.06% from the day before, according to data from Trading Economics. Despite the dip, prices have climbed 4.42% over the last month. (Trading Economics)
Singapore’s Straits Times Index fell 0.5% on Friday, showing how broad market trends can quickly overshadow individual stock performance. This set the mood heading into the close. (The Business Times)
Flows showed divergence. Geoff Howie noted in a The Business Times column that institutions sold more Singapore stocks than they bought across the five sessions ending Jan. 29. Wilmar, however, stood out as one of the few counters drawing net institutional inflows. He estimated net institutional outflows totaled S$61.6 million over that period, reducing January’s net inflow to S$211 million. (The Business Times)
Still, rising palm oil prices don’t guarantee a boost in Wilmar’s profits. A steep jump can actually compress refining and consumer-pack margins. Plus, if the price gap widens, buyers might switch to more affordable soybean or sunflower oils.
Trading kicks off Monday with investors focused on early-month supply and export data to gauge if tightening is genuine or just noise. A surprise in those figures could push the stock even without any company news.
Wilmar plans to publish its full-year financial results for the period ending Dec. 31, 2025, after the close of trading on Feb. 26, according to a recent filing — marking the next major event on its timeline. (Sgx)