# Palm Oil Market: Futures Ease on Heavy Stocks and Softer Biofuel Demand

> Malaysian palm oil futures on the MDEX eased about 1% on November 4 after recent highs. Analysts cite heavy stocks, weaker European biofuel demand and ample soy and canola oil supplies. Prices are consolidating after October levels of roughly MYR 4,600 to 4,800 per ton.

- Date: 2026-11-04 · published 2026-11-04T09:06:39.585Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/79449-palm-oil-market-futures-ease-on-heavy-stocks-and-softer-biofuel-demand
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heavy inventories and weaker European biofuel offtake limit palm's upside in the short term. Abundant competing oils keep palm priced at a discount, which favours cheaper fats for feed use.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- commodity-board.com: https://commodity-board.com/palm-oil-futures-ease-as-biofuel-demand-softens-and-stocks-stay-heavy

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