
Malaysian palm oil futures rose 2.51% at midday, ending a six-session losing streak, as soybean oil prices strengthened and Malaysian October palm oil stocks rose less than market expectations. Stocks nevertheless reached a record high, while estimates showed palm product exports in November 1–10 were down 1.9%–2.3% from the previous month.
The smaller-than-expected stock build and stronger competing soybean oil lifted palm oil prices, but record inventories and weaker export pace could cap the rally. Changes in rival vegetable-oil prices can shift feedstock demand between oils.
After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.