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Malaysian palm oil futures fell for a fourth session to near a five-month low, tracking weaker CBOT soyoil and South American record soybean production forecasts. Traders cited a technical decline, and the benchmark May contract traded around 2,719 ringgit a tonne.
Lower soyoil and palm prices reflect ample vegetable oil supply, which pressures the vegoil complex and reduces feed-related competition costs for buyers.
theedgemalaysia.comNov 4, 2026Not 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.
