# Palm Oil Stays Near 12-Week Low; MPOC Sees Above $1,154 | Palm Oil Economics

> Malaysian crude palm oil futures settled near RM 4,391 per tonne, down 1.5% on the session and 3.9% over seven sessions. MPOB data for August showed production up 1.4%, closing stocks up 15.2% to 1,645,570 tonnes, and exports down 7.5%. The Malaysian Palm Oil Council forecast prices above $1,154 per tonne for the rest of 2026.

- Date: 2026-10-03 · published 2026-10-03T12:00:00.000Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/5358-palm-oil-stays-near-12-week-low-mpoc-sees-above-1-154-palm-oil-economics
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stocks about 58% above the five-year average point to continued pressure on palm prices, while the MPOC forecast suggests firm demand may limit further declines.

## Read by commodity

- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2026-10-02 | 5 | -6.0% | -3.5 | MPOB August data showing stocks up 15.2% and exports down 7.5% reinforces the bearish fundamentals, though published after the window end. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-10 | [Palm oil falls to seven-week low on tepid June exports - Markets - Business Recorder](https://feedsoft.ai/events/10808-palm-oil-falls-to-seven-week-low-on-tepid-june-exports-markets-business-recorder.md) | -6.9% | -5.0% |
| PALMOIL | 2018-10-03 | [Long-term demand to offset weaker prices for palm oil, says Moody's \| The Star](https://feedsoft.ai/events/7619-long-term-demand-to-offset-weaker-prices-for-palm-oil-says-moody-s-the-star.md) | +1.6% | +1.4% |
| PALMOIL | 2023-02-15 | [Monthly Palm Oil Trade Statistics : January – December 2023 – MPOC](https://feedsoft.ai/events/15759-monthly-palm-oil-trade-statistics-january-december-2023-mpoc.md) | +1.2% | -0.3% |
| PALMOIL | 2022-10-11 | [Malaysia end-Sept palm oil stocks hits highest in nearly 3 years](https://feedsoft.ai/events/15784-malaysia-end-sept-palm-oil-stocks-hits-highest-in-nearly-3-years.md) | -1.3% | +14.2% |
| PALMOIL | 2022-07-08 | [China's palm oil imports to avoid 17-year low, with soy imports to exceed forecasts too - Grain Price News](https://feedsoft.ai/events/14914-china-s-palm-oil-imports-to-avoid-17-year-low-with-soy-imports-to-exceed.md) | -8.7% | -9.2% |

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-10-03-palm-oil-slips-to-rm-4-391-as-heavy-stocks-meet

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