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Malaysian palm oil futures fell to a nearly one-month low on November 3 amid concerns that inventories would continue to rise. October exports were estimated to have increased substantially from September, but higher production was still expected to add to stocks; declines in soybean oil and other competing oils also weighed on palm oil.
Expected stock accumulation and weaker competing vegetable-oil prices pressured palm oil despite stronger exports. The supply overhang increases downside risk unless export demand absorbs more of the additional production.
prestasisawit.mpob.gov.myNov 6, 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.
