# Palm slides deeper as stocks swell and Indonesia trims export costs

> Malaysian palm oil futures fell as September stocks rose to 2.16 million tonnes, while exports declined and imports increased. Indonesia cut its November reference price and export levy, reducing costs for sellers as they seek to move more volume.

- Date: 2026-11-06 · published 2026-11-06T21:08:02.081Z
- Category: trade · region Southeast Asia · magnitude medium
- Page: https://feedsoft.ai/events/84867-palm-slides-deeper-as-stocks-swell-and-indonesia-trims-export-costs
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

High inventories and cheaper Indonesian exports add to available supply and competition, increasing downside pressure on palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-09-17 | [Indonesia's palm oil sector relies on domestic demand as exports drop - Business - The Jakarta Post](https://feedsoft.ai/events/51007-indonesia-s-palm-oil-sector-relies-on-domestic-demand-as-exports-drop-business.md) | +0.1% | +1.0% |
| 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 | 2022-05-22 | [Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41497-malaysia-sees-sustained-competitiveness-even-as-indonesia-resumes-palm-oil.md) | +1.8% | -10.6% |
| PALMOIL | 2022-06-01 | [Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder](https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder.md) | +0.7% | -13.0% |

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-06-market-brief

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