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Malaysian palm oil futures slid to a 13-week low after a sixth straight decline, with the December contract down 0.55% at 4,529 ringgit. Chicago soyoil prices were also lower.
Traders are watching support near 4,478 ringgit, with the next level around 4,445.
A break below technical support could extend the decline in palm oil prices, although fundamental forecasts for 2027 remain split.
finimize.comFinimize NewsroomOct 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.
Sixth consecutive decline to a 13-week low alongside weaker soyoil shows momentum selling and vegoil spillover.
