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Malaysian crude palm oil futures closed lower on October 1, pressured by weaker Chicago soyoil prices. ITS reported Malaysian palm oil exports fell 17.1% month on month in September to about 1.13 million tonnes.
The October contract eased to RM 4,374 and the December contract fell to RM 4,554.
Weaker soyoil and softer export demand from major importers point to lower palm oil prices, with the market watching support near RM 4,500.
bernama.comOct 1, 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.
Futures fell on weaker Chicago soyoil and a 17.1% m/m drop in September exports, hitting demand and spillover from vegoil prices.
Same-day close lower on weaker Chicago soyoil and a 17.1% m/m fall in September exports, reflecting substitute-oil pressure and weaker demand.
