Singapore, Feb. 3, 2026, 15:37 SGT — Regular session
- Wilmar International Limited slipped in afternoon trading, pressured by softer palm oil prices and new earnings reports from its India associate.
- The group is set to release its full-year results after trading closes on Feb. 26, a key event for a stock that’s been volatile alongside refining and crushing margins.
- Traders are focused on edible oil price swings and what they could mean for margins heading into 2026.
Wilmar shares dropped roughly 0.6% to S$3.38 by mid-afternoon in Singapore, fluctuating between S$3.32 and S$3.40 earlier, per market data.
The move coincides with palm oil prices slipping for a second day, dragged down alongside other edible oils in Asian markets.
“Palm oil could test support around 4,201 ringgit per metric ton,” Reuters technical analyst Wang Tao warned, noting the possibility of a deeper drop if that level fails to hold. Business Recorder
For Wilmar, daily moves usually hinge on margins — the profits from processing and trading edible oils — more than on sheer volume. When feedstock costs jump, refiners risk getting squeezed if product prices don’t keep pace.
Investors took in the latest from AWL Agri Business, the Indian food and edible oils firm previously called Adani Wilmar. Wilmar holds the reins as the main shareholder via its unit. AWL’s quarterly profit plunged 35%, even as revenue climbed 10%.
That report doesn’t alter Wilmar’s group figures directly, but it could influence sentiment on demand and pricing in a market Wilmar calls strategic.
Wilmar plans to release its full-year financial results for the period ending Dec. 31, 2025, after markets close on Feb. 26.
Traders will watch crude palm oil and rival oils closely in the coming days, while also looking for signs that processing margins are leveling off after recent volatility across Asia’s edible oil sector.
But/risks: A steeper tumble in palm oil or fresh swings in competing oils might squeeze near-term margins, prompting further de-stocking along the supply chain—even if volumes remain steady. That scenario spells trouble for a processor-driven earnings model.
Investors are turning their attention to Wilmar’s earnings report, set for release after the close on February 26 in Singapore. The market will be looking closely for any updates on margin trends and the company’s outlook for 2026.
