# Palm slides to $981 as record stocks meet an oversold signal

> Malaysian crude palm oil fell about 3% to around $981 per tonne, extending a roughly 9.5% decline over ten sessions. October Malaysian stocks reached a record 3.62 million tonnes, while analysts expect seasonal production declines and possible El Niño risks to reduce inventories later; Indian demand has strengthened as palm trades at a wide discount to soybean oil.

- Date: 2026-11-11 · published 2026-11-11T18:06:49.247Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/93803-palm-slides-to-981-as-record-stocks-meet-an-oversold-signal
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record inventories and recent export weakness weigh on near-term palm oil prices, while seasonal output declines, weather risk and biodiesel demand could tighten forward supply. The immediate price bias is bearish, with potential longer-term support from supply risks.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-11-market-brief

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