# Palm Oil Futures Hit 8-Month Low on Record Stocks and Weak Crude Oil — CMB News

> Malaysian palm oil futures fell to an eight-month low, with the January 2027 contract down about 9% over the week. Record Malaysian inventories, subdued exports, cheaper Indonesian supplies and lower crude prices weighed on the market and weakened expectations for biodiesel demand.

- Date: 2026-11-09 · published 2026-11-09T09:07:11.111Z
- Category: trade · region Malaysia and Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/89097-palm-oil-futures-hit-8-month-low-on-record-stocks-and-weak-crude-oil-cmb-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Large stocks and competing Indonesian exports add to available supply, while cheaper crude reduces the appeal of palm-based biodiesel. Together, these pressures are bearish for palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-14 | [Palm oil ends at over 4-month low on weaker soyoil, sliding demand - Markets - Business Recorder](https://feedsoft.ai/events/10806-palm-oil-ends-at-over-4-month-low-on-weaker-soyoil-sliding-demand-markets.md) | -3.6% | +0.1% |
| PALMOIL | 2018-05-03 | [Malaysian palm oil price slides to 16-month low on weak demand \| The Star](https://feedsoft.ai/events/6612-malaysian-palm-oil-price-slides-to-16-month-low-on-weak-demand-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2025-04-03 | [Palm opens lower on weaker rival oils, crude oil prices](https://feedsoft.ai/events/9626-palm-opens-lower-on-weaker-rival-oils-crude-oil-prices.md) | -7.8% | -8.8% |
| PALMOIL | 2023-05-03 | [India’s Palm Oil Imports Hit 14-month Low, Said Dealers](https://feedsoft.ai/events/4380-india-s-palm-oil-imports-hit-14-month-low-said-dealers.md) | +9.2% | +2.0% |
| PALMOIL | 2025-03-17 | [Indonesia's Feb palm oil exports hit 4-month high on tax cut \| Reuters](https://feedsoft.ai/events/15575-indonesia-s-feb-palm-oil-exports-hit-4-month-high-on-tax-cut-reuters.md) | -0.8% | -6.4% |

## Sources

- commodity-board.com: https://commodity-board.com/palm-oil-slumps-to-8-month-low-as-record-stocks-collide-with-weak-crude

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