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Malaysian crude palm oil futures fell across all listed contracts on November 5, with the November contract dropping RM174 to RM4,126 per tonne. Weakness in Chicago soybean oil weighed on the market, while Indonesia’s KPBN CPO tender ended without a deal after its highest bid reached IDR14,548 per kilogram.
Weaker soybean oil prices pressure palm oil by reducing support from competing vegetable oils. The broad decline is bearish for palm oil, while the withdrawn tender indicates the reported Indonesian sale did not occur.
palmoilmagazine.comPalmoilmagazineNov 6, 2026Not enough comparable past events yet for a historical read.
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.
