# Palm steadies near eight-month low as record stocks meet oversold technicals

> Malaysian palm oil futures remained near an eight-month low as September stocks rose 31.9% month on month to 2.16 million tonnes, with production up and exports down. Indonesia’s lower November reference price and export charges are making its supplies more competitive, while the article says India’s pre-Diwali buying has ended.

- Date: 2026-11-06 · published 2026-11-06T12:07:12.353Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/83795-palm-steadies-near-eight-month-low-as-record-stocks-meet-oversold-technicals
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

High Malaysian inventories and stronger competition from Indonesian exports add to available supply and pressure palm-oil prices. The end of a major buying period also leaves less near-term export demand to absorb stocks.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-14 | [Palm oil ends at over 4-month low on weaker soyoil, sliding demand - Markets - Business Recorder](https://feedsoft.ai/events/10806-palm-oil-ends-at-over-4-month-low-on-weaker-soyoil-sliding-demand-markets.md) | -3.6% | +0.1% |
| PALMOIL | 2022-09-22 | [Malaysia’s palm oil stocks could hit 3-1/2-year high as Indonesia boosts exports - Markets - Business Recorder](https://feedsoft.ai/events/15791-malaysia-s-palm-oil-stocks-could-hit-3-1-2-year-high-as-indonesia-boosts.md) | -3.8% | -1.5% |
| PALMOIL | 2022-05-30 | [Palm oil extends losses as uncertainty over Indonesia exports weighs - Markets - Business Recorder](https://feedsoft.ai/events/41500-palm-oil-extends-losses-as-uncertainty-over-indonesia-exports-weighs-markets.md) | +0.0% | -13.0% |
| PALMOIL | 2021-05-31 | [Palm oil falls 2pc as export pace slows, Indonesia taxes weigh - Markets - Business Recorder](https://feedsoft.ai/events/46982-palm-oil-falls-2pc-as-export-pace-slows-indonesia-taxes-weigh-markets-business.md) | -2.0% | -12.6% |
| PALMOIL | 2018-05-03 | [Malaysian palm oil price slides to 16-month low on weak demand \| The Star](https://feedsoft.ai/events/6612-malaysian-palm-oil-price-slides-to-16-month-low-on-weak-demand-the-star.md) | +0.0% | +1.5% |

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-06-palm-steadies-near-eight-month-low-as-record-sto

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