# Malaysian palm oil lower despite strong export demand - Markets - Business Recorder

> Malaysian palm oil futures closed lower on Wednesday for a third straight daily loss, despite strong export demand ahead of Diwali buying. The benchmark contract closed down 14 ringgit, or 0.3%, at 4,687 ringgit per metric ton.

- Date: 2026-10-28 · published 2026-10-29T06:13:16.866Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/529-malaysian-palm-oil-lower-despite-strong-export-demand-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Palm oil is trading lower despite firm export demand, showing that near-term supply or sentiment is outweighing demand support. Softer palm prices weigh on the vegetable oil complex.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40446405

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