# Bad News for Palm Oil Businesses: CPO Prices Plunge to an Eight-Month Low

> 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.

- Date: 2026-11-10 · published 2026-11-10T06:06:39.621Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/91006-bad-news-for-palm-oil-businesses-cpo-prices-plunge-to-an-eight-month-low
- 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

Weaker competing oils reduce palm oil’s price competitiveness, while lower crude prices can also temper biofuel demand. Both factors pressure palm oil prices.

## Read by commodity

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

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/research/20261110100952-128-783798/kabar-buruk-buat-pengusaha-sawit-harga-cpo-anjlok-terendah-8-bulan

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