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Palm oil fell in Asian trading, pressured by softer soybean oil on the Chicago Board of Trade overnight and lower crude oil prices. A Kuala Lumpur trader said concerns that Malaysian palm oil inventories could reach record highs were also weighing on sentiment.
Lower soyoil and crude reduce the vegetable oil complex's price support, and rising Malaysian stocks add bearish pressure on palm oil, which feeds into meal and oil cost decisions for feed buyers.
squawknews.comSquawkNews DeskNov 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.
