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Malaysian palm oil futures recovered after reaching their lowest level since early March, supported by bargain hunting, stronger rival edible oils and firmer crude oil. Exports fell 1.9% in November 1–10, while Malaysian stocks reached a record 3.62 million tonnes in October; seasonal production declines and possible El Niño effects could tighten supply later.
Record stocks and weaker exports limit near-term upside, but seasonal output declines, El Niño risk and Indonesian biodiesel demand could tighten supply and support prices over time.
squawknews.comSquawkNews DeskNov 11, 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.
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.
