# Palm Oil Market Update: MDEX Palm Oil Futures Heavy Near MYR 4,600

> MDEX palm oil futures traded slightly softer around MYR 4,600-4,800 per tonne on 3 November 2026, with the January 2027 contract at MYR 4,648. Record Malaysian stocks and cautious import demand capped rallies, while firm energy prices and biodiesel demand limited downside.

- Date: 2026-11-03 · published 2026-11-03T09:06:46.568Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/77327-palm-oil-market-update-mdex-palm-oil-futures-heavy-near-myr-4-600
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Record inventories weigh on prices, but firm crude and biodiesel demand keep a floor under palm oil, leaving the market range-bound with El Niño risks as the main upside factor.

## Read by commodity

- PALMOIL: neutral

## Sources

- commodity-board.com: https://commodity-board.com/palm-oil-futures-heavy-near-myr-4-600-as-record-stocks-cap-upside

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