Lower November palm oil inventory pushes CPO prices higher

After 149 past bullish report events, PALMOIL moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.

• Jan 5, 2021Malaysian palm oil stocks forecast lower, keeping prices high in 2021 - Markets - Business Recorder+1.3%
• Jan 12, 2022Palm oil imports to dip in 2021-22 on lower Malaysia exports, converging vegoil prices: US FAS+2.6%
• Apr 29, 2021Wilmar sees high commodity prices boosting its palm oil business+3.3%
• Nov 5, 2024Malaysia’s end-October palm oil stocks fall on lower output, higher exports+4.0%
• Nov 1, 2024Crude palm oil prices likely to remain high through the first quarter of 2025+9.9%

After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

• Jan 12, 2022Palm oil imports to dip in 2021-22 on lower Malaysia exports, converging vegoil prices: US FAS-0.8%
• Jul 22, 2020Asian palm oil producers forecast lower output in 2020-2.2%
• Jan 14, 2025Sunflower prices remain high - Trademagazin+1.4%
• Apr 7, 2025FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices+2.0%
• Jul 7, 2025FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices+1.2%