# Palm Oil Prices Stabilize As Exports Rise And Stocks Fall - Finimize

> Malaysian palm oil futures inched higher to 4,222 ringgit a ton, snapping a two-session decline. Export trackers estimated Malaysian shipments rose about 15-18% month on month in January, while India's palm imports jumped 51% as the discount to soyoil attracted buyers. A Reuters survey pointed to falling January inventories.

- Date: 2026-02-04 · published 2026-02-04T12:00:00.000Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/4667-palm-oil-prices-stabilize-as-exports-rise-and-stocks-fall-finimize
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected inventory declines and firm exports tighten supply and support prices, while strong Indian buying adds demand. The complex could reverse if rival oils weaken or seasonal production rebounds.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2026-02-04 | 5 | +5.4% | 3.1 | Strong January Malaysian exports (+15-18% m/m), India's 51% jump in palm imports and expected stock draw point to demand strength and tightening supply, supporting prices into Feb 4. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-11-05 | [Malaysia’s end-October palm oil stocks fall on lower output, higher exports](https://feedsoft.ai/events/8039-malaysia-s-end-october-palm-oil-stocks-fall-on-lower-output-higher-exports.md) | +4.0% | +0.3% |
| PALMOIL | 2024-06-14 | [Palm oil prices to find support at RM3,900 a tonne in June on tight supply, upsurge in exports](https://feedsoft.ai/events/29872-palm-oil-prices-to-find-support-at-rm3-900-a-tonne-in-june-on-tight-supply.md) | -0.4% | +0.2% |
| PALMOIL | 2023-12-12 | [Malaysia’s November palm oil stocks dip amid drops in exports - Fastmarkets](https://feedsoft.ai/events/32803-malaysia-s-november-palm-oil-stocks-dip-amid-drops-in-exports-fastmarkets.md) | -0.5% | -0.3% |
| PALMOIL | 2019-05-07 | [April palm oil stocks expected at 6-month low \| FMT](https://feedsoft.ai/events/6731-april-palm-oil-stocks-expected-at-6-month-low-fmt.md) | +0.2% | +2.6% |
| PALMOIL | 2026-04-24 | [Malaysia’s March Palm Oil Stocks Drop 16.1% As Export Surge Tightens Supply](https://feedsoft.ai/events/19817-malaysia-s-march-palm-oil-stocks-drop-16-1-as-export-surge-tightens-supply.md) | -0.0% | -1.4% |
| SBO | 2018-02-07 | [Oil prices tank as US crude and fuel stockpiles jump](https://feedsoft.ai/events/11357-oil-prices-tank-as-us-crude-and-fuel-stockpiles-jump.md) | -4.8% | -3.7% |
| SBO | 2021-03-25 | [Vegetable oil prices set to fall](https://feedsoft.ai/events/12665-vegetable-oil-prices-set-to-fall.md) | -6.5% | +5.0% |
| SBO | 2023-02-16 | [Canola exports, soy oil and meal all affect canola’s price \| The Western Producer](https://feedsoft.ai/events/37285-canola-exports-soy-oil-and-meal-all-affect-canola-s-price-the-western-producer.md) | +1.9% | -6.8% |

## Sources

- finimize.com: https://finimize.com/content/palm-oil-prices-stabilize-as-exports-rise-and-stocks-fall

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