The article says palm-oil prices weakened in late October as Indonesia cut November export charges and Malaysian inventories rose to 3.51 million tonnes in September amid higher production and weaker exports. It also reports lower US soybean-oil use and higher canola-oil consumption, alongside a decline in US crude palm oil import prices.
Lower Indonesian export charges improve its sellers’ competitiveness, while rising Malaysian stocks increase supply pressure. Shifts in US use of competing vegetable oils can also affect demand for palm oil.
After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% over 20.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
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.