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Malaysian palm oil futures fell on Friday on profit taking, but posted a weekly gain on strength in rival edible oils on the Dalian and Chicago exchanges and Indonesia’s plan to raise its palm oil export levy.

The benchmark palm oil contract FCPO1! for March delivery on the Bursa Malaysia Derivatives Exchange lost 5 ringgit, or 0.12%, to 4,038 ringgit ($992.14) a metric ton at closing.

The contract gained 1.18% for the week.

“Lots of profit-taking activities going on (today) after the sudden rally on Indonesia levy increase rumours. The profit taking starts after Dalian close firm drawing a selloff at the high of the week,” said a Kuala Lumpur-based trader.

Indonesia will likely increase its palm oil export levy to support the country’s biodiesel mandate, energy ministry official Eniya Listiani Dewi told reporters, citing tightening funds.

Dalian’s most-active soyoil contract (DBYcv1) rose 0.33%, while its palm oil contract CPO1! was up 0.6%. Soyoil prices on the Chicago Board of Trade (BOc2) gained 0.51%.

Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market.

Palm oil FCPO1! is biased to retest support at 4,024 ringgit per metric ton, as it failed to break resistance at 4,074 ringgit, Reuters technical analyst Wang Tao said.
Source: Reuters

Summary

We investigate the role of government credit in monetary policy transmission, using detailed credit registry data from Brazil. We find that government direct credit can effectively support small and medium-sized enterprises (SMEs) in a tight monetary policy environment, aligning with developmental objectives. But it comes at the cost of diminishing the overall effectiveness of monetary policy transmission. We also uncover complexities introduced by government-subsidized lending, where the impact of monetary policy transmission is influenced by factors such as credit market segments, lending relationships, and prevailing monetary policy conditions. These insights provide valuable guidance for policymakers on the transmission of monetary policy and the trade-offs involved in government credit programs.

Subject: Bank credit, Central bank policy rate, Collateral, Credit, Financial institutions, Financial services, Loans, Money

Keywords: Bank credit, Brazil, Central bank policy rate, Collateral, Credit, earmarked credit, emerging market, government banks, government direct credit, Loans, Monetary policy, SME

The City of Sonoma is excited to announce that vendor applications and sponsorship opportunities for the 2026 Sonoma’s Tuesday Night Market season are now open! The market, held in the historic Sonoma Plaza, is a beloved weekly tradition bringing together thousands of visitors to shop, dine, and connect with local farmers, artisans, and businesses.

Vendor Applications:
Join the vibrant community of farmers, food purveyors, artisans, and non-profit organizations that make Sonoma’s Tuesday Night Market a highlight of the season. Applications are now available for:

The market runs every Tuesday from May through September 8th, 5:00 p.m. – 8:00 p.m.

For more information, contact Market Manager Jerry Wheeler at manager@sonomastuesdaynightmarket.com or call 707-974-0216. Don’t miss your chance to showcase your products and connect with the community!

Sponsorship Opportunities:
Support Sonoma’s Tuesday Night Market while gaining visibility for your brand! Choose from exciting sponsorship packages, including:

• Bicycle Valet Sponsorship ($3,500): Promote sustainable transportation and connect directly with market attendees.
• Stainless Steel Wine Cup Sponsorship ($15,000): Provide reusable drinkware and enjoy extensive promotional benefits.
• Music Sponsorship ($1,300): Sponsor live music and have your brand featured on signage and during announcements.
• Stage Power Sponsorship ($3,000): Keep the performances going while showcasing your support.
• Green Sponsor ($4,000): Champion eco-friendly initiatives with prominent recognition.
• EBT Market Match Sponsorship ($3,000): Help make fresh produce accessible to everyone while supporting local agriculture.
• Zucchini Race Sponsor ($3,000): Be part of this fun, creative community event.
• Reusable Water Bottle Sponsorship ($11,500): Align your brand with sustainability through high-quality branded water bottles.
• Stainless Steel Wine Cup Sponsor ($15,000): Outfit the community with commemorative stainless-steel reusable wine or beer cups that will last for years to come (to be distributed at the beverage booth).

Each sponsorship offers pre-market, event, and post-market promotional opportunities, as well as the first right of refusal for the 2027 market season.

About Sonoma’s Tuesday Night Market:
Experience the best of Sonoma every Tuesday evening at the historic Sonoma Plaza. From fresh fruits and vegetables to local honey, baked goods, and artisan crafts, the market celebrates everything grown, raised, and made locally. Enjoy live music, a variety of food stands, and the company of friends and neighbors in a beautiful outdoor setting.

Act now to secure your spot or sponsorship! Visit Sonoma’s Tuesday Night Market website for detailed information, applications, and more. Let’s make the 2026 season one to remember!