# Crude Palm Oil Weekly Report – November 3rd, 2018 | Borneo Post Online

> Malaysian palm oil futures (FCPO) rose 0.23% to 2,152 ringgit on Friday, ending four losing sessions. Trading volume rose 30% week on week, and October exports fell about 13% per AmSpec and SGS data. Soybeans on CBOT rallied more than 5% after a Trump-Xi call raised hopes of a US-China trade deal.

- Date: 2018-11-03 · published 2018-11-03T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/6988-crude-palm-oil-weekly-report-november-3rd-2018-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Palm oil is near multi-year lows and the falling export data points to tightening exports. The soybean rally on trade hopes is a supportive signal for vegetable oil and meal values.

## Read by commodity

- SBO: neutral
- SOY: bullish ▲
- PALMOIL: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2018/11/04/crude-palm-oil-weekly-report-november-3rd-2018/

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