# CPO Futures Break Below RM4,300 as Record Stocks Cap Prices

> Malaysian palm oil stocks rose 3.15% month on month to a record 3.62 million tonnes in October, extending the inventory build. The benchmark fell 3.5% and broke below RM4,300 per tonne as the stock overhang weighed on prices, despite strong Indian buying and attention to Indonesia's biodiesel program.

- Date: 2026-11-11 · published 2026-11-11T18:06:49.318Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/93804-cpo-futures-break-below-rm4-300-as-record-stocks-cap-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heavy stocks and softer exports cap near-term prices, while import demand and biodiesel use could absorb supply and limit downside. The balance of evidence is mildly bearish for palm oil in the near term.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-11-malaysia-palm-stocks-hit-record-3-62m-tonnes-pri

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