Loading…
Malaysian palm oil exports rose about 58% month-on-month to roughly 1.13 million tonnes in the first 20 days of October. The export surge has supported prices despite softer sentiment across the wider vegetable oil complex.
Stronger export demand tightens available palm oil supplies, which supports prices and can lift competing vegetable oils and meals.
After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% 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.