Today: 9 April 2026
Wilmar stock pops 4% in Singapore as palm oil prices firm — what to watch next
27 January 2026
1 min read

Wilmar stock pops 4% in Singapore as palm oil prices firm — what to watch next

Singapore, January 27, 2026, 15:03 SGT — Regular session

  • Wilmar International shares rose about 4% in afternoon trading, extending their rally into a second consecutive day
  • Rising palm oil futures alongside a broad upswing in Asian stocks are pushing gains higher
  • Focus turns to Singapore’s policy review this week and when Wilmar will release its FY2025 results

Wilmar International’s stock surged about 4.2% to S$3.49 in Tuesday afternoon trading, extending its robust two-day rally. Around 12.7 million shares changed hands, lifting the price well above Monday’s close of S$3.35. MarketScreener

The change stood out as local risk appetite edged higher again after Singapore’s Straits Times Index crossed the 4,900 level earlier today. That move tends to reignite buying in cyclicals and commodity-linked shares. The Business Times

Asian stocks remained flat as investors zeroed in on a busy week of key U.S. earnings, largely brushing off fresh tariff talk out of Washington. Reuters

Wilmar, a key name in palm and edible oils, often acts as a benchmark for vegetable oil prices. Malaysian crude palm oil futures rose, closing close to 4,247 ringgit per tonne, boosting market confidence. TradingView

Thong Pak Leng, Rakuten Trade’s vice-president of equity research, highlighted “an uptick in crude palm oil futures” fueled by rising demand ahead of the Chinese New Year and Ramadan, according to a market note. BERNAMA

Wilmar, a Fortune Global 500 agribusiness, is active in edible oils and related product processing and merchandising. Its profits largely depend on fluctuations in commodity prices and trading margins. Wilmar International

Macro traders in Singapore are focused on Thursday’s Monetary Authority of Singapore policy review, looking specifically for any changes to the currency-based policy band guidance. This comes after growth surpassed expectations for 2025, according to a Reuters poll. Reuters

Wilmar is set to unveil its full-year 2025 financial results after the market closes on Feb. 26. SGX Links

That dynamic can flip quickly. Changes in weather, export demand, or new policies often jostle palm oil and other edible oils, occasionally tightening processing margins even as headline prices climb.

Traders are focused on Singapore’s policy announcement later this week. Then all eyes shift to Wilmar’s earnings report on Feb. 26 for clues on volumes, margins, and guidance for 2026.

Stock Market Today

  • Stocks Slip as US-Iran Ceasefire Optimism Wanes; Oil Prices Surge
    April 9, 2026, 12:18 PM EDT. Stocks dipped as S&P 500, Dow Jones, and Nasdaq 100 indexes retreated following fading optimism over a US-Iran ceasefire. June E-mini futures reflected this softening trend. Crude oil jumped over 5%, driven by the Strait of Hormuz blockade and escalating tensions from Israeli-Lebanon clashes, threatening the fragile truce. Both the US and Iran accused each other of ceasefire breaches, complicating Saturday's talks. U.S. economic data disappointed, with rising unemployment claims, weaker personal income and spending, and downwardly revised Q4 GDP growth adding pressure. Oil tanker restrictions amplified shipping delays, with over 1,000 vessels waiting near the strait, historically a key global energy transit route. Markets price in only a 2% chance of a Federal Reserve rate hike in late April, while overseas shares also fell, weighing on sentiment.

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