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Malaysian palm oil futures fell below MYR 4,500 per tonne, the lowest since June, as a firmer ringgit and weaker Dalian and Chicago vegetable oils weighed. Lower crude prices and Indonesia's November benchmark cut and levy reduction increased competition, though strong October exports and Indian imports to a 14-month high limited losses.
Cheaper crude weakens palm's biodiesel appeal and Indonesian supply becomes more competitive, pressuring palm and related vegetable oil prices, though firm Indian demand ahead of Diwali provides support.
id.tradingeconomics.comFarida HusnaNov 5, 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.
