
Malaysian palm oil futures fell around 2–3% across contracts on November 6, with the January 2027 contract down 2.8%. High Malaysian stocks and Indonesia’s lower November reference price and export charges pressured prices, while expectations of seasonal output declines and biodiesel demand offered longer-term support.
Ample nearby supply and cheaper Indonesian export pricing make Malaysian palm oil less competitive, weighing on prices. Seasonal production declines and biodiesel demand may temper the pressure further out.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
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.