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Malaysian palm oil futures for January delivery closed more than 1% higher at 4,682 ringgit a tonne, booking a fourth monthly rise in five. The gain was driven by bargain buying, firmer Dalian palm olein and Chicago soyoil, and firmer crude oil.
Traders are now watching Malaysia's October export and production data due November 10.
Stronger soyoil and crude support palm prices, while expected stock increases limit the upside until the November 10 data is released. Feed buyers should watch the data release for direction.
brecorder.comReutersOct 31, 2026Not 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.
