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Malaysian palm oil inventories have risen to their highest level in nearly five years, while Indonesian stocks have fallen to low levels. Indonesia's stepwise export tax changes and strong biodiesel demand drove the divergence.
Tight Indonesian stocks support prices, but the heavy Malaysian overhang weighs on the market, so the net direction for world palm oil prices is unclear.
sunsirs.comFeb 3, 2026After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
