
Malaysian palm oil futures fell to an eight-month low amid expectations that Malaysia’s October palm oil stocks rose 6.8% to 3.75 million tonnes. Indonesia’s lower export duties and levies for November may encourage exporters to accelerate shipments, while weaker competing vegetable-oil prices and a stronger ringgit added pressure.
High Malaysian inventories and the prospect of more Indonesian exports increase near-term supply available to buyers, weighing on palm oil prices. Lower Indonesian export charges could bring shipments forward and add to that pressure.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
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.