# Palm Oil Futures Suffer Their Worst Weekly Loss in Almost Two Years

> Malaysian palm oil futures fell 9.04% during the week, the largest weekly decline since mid-December 2024, and the January contract closed Friday at 4,258 ringgit per tonne. Weak soybean oil markets and falling crude prices weighed on palm oil, while a 0.3% weaker ringgit offered only slight support.

- Date: 2026-11-06 · published 2026-11-07T12:06:32.073Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/85866-palm-oil-futures-suffer-their-worst-weekly-loss-in-almost-two-years
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Cheaper competing vegetable oils and reduced biodiesel-feedstock appeal as crude prices fall weigh on palm oil demand and prices. Currency weakness was insufficient to offset those pressures.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼
- PALMOIL: bearish ▼

## Sources

- kse.com.pk: https://kse.com.pk/palm-oil-futures-suffer-their-worst-weekly-loss-in-almost-two-years/

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