# Palm falls to near three-week low on weaker rival oils, higher stocks - Markets - Business Recorder

> Malaysian palm oil futures fell over 1% to a near three-week low of 4,616 ringgit a ton, extending losses for a fourth session. Weaker rival oilseeds, rising October inventories and uncertainty over removal of the crude palm oil export tax weighed on the market.

- Date: 2026-10-29 · published 2026-10-29T18:05:45.736Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/1354-palm-falls-to-near-three-week-low-on-weaker-rival-oils-higher-stocks-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower rival oil prices and expectations of higher Malaysian stocks point to softer palm oil prices and weaker demand for soy oil substitutes.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40446502

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.