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Malaysian palm oil futures fell about 1.2% as inventories were expected to approach record levels of 3.75 to 3.8 million tonnes despite strong exports. Traders are awaiting the MPOB report on November 10 and a possible government decision on the crude palm oil export duty.
Record stocks and Indonesia's cut in its export levy increase competition for price-sensitive buyers, which weighs on prices. The MPOB report and any duty change are the next catalysts.
commodity-board.comNov 5, 2026Not 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.
