# Palm tumbles, posts steepest weekly fall in nearly two years

> Malaysian palm oil futures fell 2.72% on Friday to their lowest close since March 5, extending the weekly decline to 9.04%. Weaker soybean-oil prices pressured the market, while falling crude prices reduced palm oil’s attractiveness as a biodiesel feedstock.

- Date: 2026-11-06 · published 2026-11-06T12:07:12.277Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/83794-palm-tumbles-posts-steepest-weekly-fall-in-nearly-two-years
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Weakness in rival vegetable oils and lower energy prices weigh on palm-oil demand and prices. A weaker ringgit partly offsets that pressure by making Malaysian exports cheaper for foreign buyers.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼
- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40447772/palm-tumbles-posts-steepest-weekly-fall-in-nearly-two-years

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.