# Malaysian palm oil futures lower - Markets - Business Recorder

> Malaysian palm oil futures fell more than 3% on Nov 5 to 4,910 ringgit per tonne and were set for a weekly loss of 2.3%. Analysts expect Malaysian end-October stocks rose 3.5% to 1.81 million tonnes on lower exports, with October output estimated down 1.2%. Rival oils also declined.

- Date: 2021-11-07 · published 2021-11-07T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44161-malaysian-palm-oil-futures-lower-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher stock expectations and weaker rival oils pressure palm and soyoil prices, lowering vegetable oil input costs. The move is a routine market decline tied to inventory data.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2021-11-04 | 1 | -3.5% | -3.8 | Describes the same 3% fall driven by an expected 3.5% rise in stocks to 1.81 mt on lower exports and weaker rival oils, but it is dated Nov 5, after the window. |

## Sources

- brecorder.com: https://www.brecorder.com/news/40131701

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