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Chinese soybean-oil futures fell 0.71% on November 9, while palm-oil and other vegetable-oil contracts also weakened. High palm-oil inventories in Malaysia and China, ongoing arrivals, and weak downstream buying pressured prices; recent state-reserve soybean-oil purchases were cited as a source of support.
High inventories and ample supply weigh on vegetable-oil prices, while reserve purchases may limit soybean oil’s downside. The near-term bias is weak, particularly for palm oil.
goodsfu.10jqka.com.cnNov 9, 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.
