Singapore, Jan 31, 2026, 15:27 (SGT) — Market closed
- Wilmar ended Friday down 1.45%, closing at S$3.39 as the market wrapped up for the weekend.
- Malaysian palm oil futures dropped roughly 2% on profit-taking, even though they closed January with gains.
- Attention turns to palm oil cues in early February, with Wilmar’s FY2025 results set for release on Feb. 26.
Shares of Wilmar International Limited (stock code F34) fell 1.45% to close at S$3.39 on Friday, with roughly 7.8 million shares changing hands on the Singapore Exchange. The market remained closed on Saturday.
This dip is crucial since Wilmar straddles the line between commodity prices and consumer staples. When edible-oil prices shift, sentiment can turn sharply. With trading resuming only on Monday, traders are focusing on palm oil and the company’s upcoming results for clues.
Malaysian palm oil futures slipped 2.04% to 4,229 ringgit per metric ton on Friday at the Bursa Malaysia Derivatives Exchange, driven by what a trader called weekend profit-taking and a drop in “soyoil” prices — the market term for soybean oil. Meanwhile, Indonesia pegged its February crude palm oil reference price at $918.47 per ton, just a bit higher than January’s figure, according to official data. Business Recorder
For Wilmar, palm oil serves as both a key feedstock and a price benchmark throughout much of its food and industrial product lines. When prices drop, it can hurt if trading desks hold inventory purchased at higher rates. Yet, lower costs also provide some relief for downstream refining operations.
Malaysian palm oil futures climbed to a three-month peak the day before, buoyed by gains in crude and competing oils. Wang Tao, a Reuters technical analyst, noted the contract “may test resistance at 4,316 ringgit” — a level where upward momentum frequently hits a wall. Traders are also watching the upcoming industry price outlook conference in Kuala Lumpur, set for Feb. 9-11. Business Recorder
Singapore’s benchmark stock index dropped 0.5% on Friday, weighed down by a softer global mood. LGT noted that Asia-Pacific shares largely slipped as investors moved toward a risk-off approach.
Markets are closed for the weekend, so Monday’s open will reveal if Wilmar can maintain its level near S$3.40 or slide further as commodities continue to soften. Traders will be watching soybean oil and crude prices closely, since shifts there could impact biofuel economics and ripple through vegetable-oil markets.
Before results drop, investors focus on working-capital swings — essentially, the cash tied up in inventories amid rapid price shifts. They’ll also be scanning for signals on demand in crucial Asian markets and whether margins hold steady as the new quarter starts.
Palm oil prices can shift quickly—and not always driven by fundamentals. A fresh drop in vegetable oils or a spike in financing costs for stockpiles could wipe out short-term trading profits, leaving the stock stuck despite steady volumes.
Wilmar announced it will release its financial statements for the year ended Dec. 31, 2025, after trading hours on Feb. 26. This means the report will come out once the market closes, giving investors the next session to react.
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