# Malaysia CPO Prices Plunge RM174 as Soybean Oil Weakness Hits Futures, KPBN Tender Withdraws

> 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.

- Date: 2026-11-06 · published 2026-11-07T00:07:16.441Z
- Category: market · region Malaysia and Indonesia · magnitude low
- Page: https://feedsoft.ai/events/85020-malaysia-cpo-prices-plunge-rm174-as-soybean-oil-weakness-hits-futures-kpbn
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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 The broad decline is bearish for palm oil, while the withdrawn tender indicates the reported Indonesian sale did not occur.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- palmoilmagazine.com: https://www.palmoilmagazine.com/cpo-price/2026/11/06/malaysia-cpo-prices-plunge-rm174-as-soybean-oil-weakness-hits-futures-kpbn-tender-withdraws/amp/

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