# Prestasi Sawit Malaysia

> Reuters' market factors for October 10, 2017 reported Malaysian palm oil futures up for a fifth straight session, tracking related edible oils ahead of the September official data release. Chicago wheat fell to a near four-week low, and crude oil was stable as OPEC said the market was rebalancing.

- Date: 2017-10-10 · published 2017-10-10T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68568-prestasi-sawit-malaysia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Palm oil's gains reflect firm soyoil and other edible oil markets, with the upcoming MPOB data and export surveys the next key inputs for price direction.

## Read by commodity

- WTI: neutral
- PALMOIL: bullish ▲

## Sources

- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/en/palmnews/news/24096

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