
Palm oil futures fell 4.7% to a three-month low as the November BMD contract dropped to MYR 4,556 a tonne. Soyoil, rapeseed and sunflower oil also slipped, and China left soybeans off its tariff-cut list with no new purchase commitments.
A looser Malaysian balance and weak rival oils push vegetable oil prices lower, while the lack of Chinese soybean commitments removes support for soy complex prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
Directly describes the Sept 30 drop of about 4.7% to a three-month low on a looser Malaysian outlook and weaker rival oils, matching the size and timing of the move.