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Malaysian crude palm oil output reached 2,116,950 tonnes, up 16.5% month on month, at the seasonal peak of the crop calendar. Fresh fruit bunch values rose 1.4% month on month to RM 50.44.
A strong seasonal output jump adds to palm oil supply and supports the bearish stock outlook for prices.
After 96 past bearish report events, Palm Oil moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.6%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.