# Palm holds near $1,011 as October stocks hit 3.62Mt record

> Malaysian crude palm oil was quoted near $1,011 per tonne after a sharp weekly decline, as October stocks rose 3.15% to a record 3.62 million tonnes. India’s palm oil imports reached a 14-month high, providing a demand-side counterweight to the inventory build.

- Date: 2026-11-10 · published 2026-11-10T09:06:57.783Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/91475-palm-holds-near-1-011-as-october-stocks-hit-3-62mt-record
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Record stocks and lower crude oil prices weigh on palm oil demand and prices, while strong Indian buying offers some support. The inventory overhang is likely to limit rallies in the near term.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-10-11 | [Malaysia end-Sept palm oil stocks hits highest in nearly 3 years](https://feedsoft.ai/events/15784-malaysia-end-sept-palm-oil-stocks-hits-highest-in-nearly-3-years.md) | -1.3% | +14.2% |
| PALMOIL | 2026-10-05 | [Malaysian palm oil stockpiles hit record amid output surge \| The Straits Times](https://feedsoft.ai/events/17177-malaysian-palm-oil-stockpiles-hit-record-amid-output-surge-the-straits-times.md) | +1.3% | +2.1% |
| PALMOIL | 2025-08-04 | [Malaysia's end-July palm oil stocks to hit near two-year high — TradingView News](https://feedsoft.ai/events/12121-malaysia-s-end-july-palm-oil-stocks-to-hit-near-two-year-high-tradingview-news.md) | +1.2% | +4.7% |
| PALMOIL | 2023-09-11 | [Palm down on rising stocks, falling exports - Markets - Business Recorder](https://feedsoft.ai/events/34221-palm-down-on-rising-stocks-falling-exports-markets-business-recorder.md) | -1.3% | -7.2% |
| PALMOIL | 2024-09-11 | [Malaysia’s palm oil stocks hit six-month high in August as output surges — MPOB – MPOC](https://feedsoft.ai/events/28395-malaysia-s-palm-oil-stocks-hit-six-month-high-in-august-as-output-surges-mpob.md) | -0.5% | +11.7% |

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-10-palm-benchmark-slides-to-1-011-as-stocks-and-cru

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