Malaysian palm oil futures for January 2027 rose 3.08% to 4,387 ringgit per tonne, ending a six-session losing streak. The rebound was supported by firmer soybean oil prices and Malaysian palm oil stock growth that was smaller than markets had expected.
A smaller-than-expected stock increase implies less available palm oil than traders anticipated, while stronger soybean oil can lift demand for palm oil through vegetable-oil substitution; both factors support prices.
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.