Shares of Wilmar International closed lower on Friday, February 8, 2026, ending the session down 0.9% at S$3.44. The decline mirrored a 0.8% drop in Singapore's Straits Times Index, which settled at 4,934.41, halting a recent streak of record closes.
Palm Oil Market in Focus
The agribusiness giant's performance is closely tied to palm oil prices, which recorded their first weekly decline in five weeks. Market sentiment turned cautious ahead of key industry events in Malaysia, including the Palm & Lauric Oils Price Outlook Conference beginning February 9.
Traders are awaiting critical data from the Malaysian Palm Oil Board, scheduled for release on February 10. This report will provide January figures on production, inventories, and exports, which could significantly influence benchmark palm oil prices.
Broader Commodity Context
The broader edible oils landscape presents a mixed picture. While the U.N. Food and Agriculture Organization reported a fifth consecutive monthly decline in global food prices for January, its vegetable oil index rose 2.1%. This increase was driven by higher palm, soy, and sunflower oil prices, offsetting declines in other categories.
For Wilmar investors, the immediate focus will be on signals from the Kuala Lumpur conference and the MPOB data. A buildup in Malaysian inventories beyond expectations or a cooling in exports could pressure palm oil prices further, potentially affecting sentiment toward plantation and agri-processing stocks.
The next major company-specific catalyst is Wilmar's full-year 2025 financial results, due after market hours on February 26. Investors are beginning to formulate expectations for these earnings amidst the volatile commodity backdrop.