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Malaysian palm oil futures fell for a sixth consecutive session on November 10, with the January 2027 contract down 2.61% to 4,147 ringgit per tonne, its lowest level in eight months. The report attributed pressure to declines in competing vegetable oils and crude oil, which weakened after Donald Trump eased concerns about an escalation of the Iran conflict.
Weaker competing oils reduce palm oil’s price competitiveness, while lower crude prices can also temper biofuel demand. Both factors pressure palm oil prices.
cnbcindonesia.comSalma LaiqaNov 10, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
