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Indonesian palm oil prices fell below MYR 4,500 per tonne, reaching MYR 4,377 on November 5. Prices were down 2.65% on the day, 5.4% over the week, and 4.01% over the month as supply pressure grew and export uptake remained weak.
Greater supply alongside soft export absorption weighs on demand relative to availability, adding downward pressure to palm oil prices.
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.