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Malaysian palm oil futures eased across the curve on October 2, with the November contract at MYR 4,411 and December at MYR 4,503. Strong Malaysian exports to India were offset by ample soy, rapeseed and canola supplies.
Traders are also removing some El Niño weather premium from deferred contracts.
Abundant soy and canola supplies cap vegetable oil prices, although El Niño risk for 2027 yields keeps the deferred curve firm.
commodity-board.comOct 2, 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.
Ample competing soy, rapeseed and canola supplies and removal of El Niño premium offset strong India demand and pushed futures lower.
