# Palm Oil Slides To A 13-Week Low As Soyoil Weakens - Finimize

> 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.

- Date: 2026-10-02 · published 2026-10-02T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/5360-palm-oil-slides-to-a-13-week-low-as-soyoil-weakens-finimize
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A break below technical support could extend the decline in palm oil prices, although fundamental forecasts for 2027 remain split.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2026-10-02 | 5 | -6.0% | -3.5 | Sixth consecutive decline to a 13-week low alongside weaker soyoil shows momentum selling and vegoil spillover. |

## Sources

- finimize.com: https://finimize.com/content/palm-oil-slides-to-a-13-week-low-as-soyoil-weakens

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