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Palm oil futures rose for a second consecutive session on November 11, 2026. Traders priced in expectations of tighter supply from Indonesia, the top grower.
Expectations of tighter Indonesian palm output due to El Niño support palm oil prices and can lift competing vegetable oils such as soybean oil, which feeds into meal and oil-based feed costs.
bloomberg.comAnuradha Raghu, Megan Durisin AlberyNov 12, 2026After 181 past bullish weather events, Palm Oil moved a median +0.5% over 5 sessions (56% higher; middle half -0.9% to +1.9%), and +0.3% 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.
