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Malaysian palm oil futures ended lower as weak soy markets pulled prices down. U.S. soybeans traded near a 19-month low after a government report showed larger-than-expected existing supplies and improving weather for new crops.
Larger US soybean supplies available for crushing into soyoil can divert food and fuel demand from palm oil, and the narrowing palm-soy discount weakens palm's relative appeal, pressuring palm and soyoil prices.
theedgemalaysia.comNov 3, 2026Not enough comparable past events yet for a historical read.
Not 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.
