# Soybean oil rises 0.46% intraday as institutions say Malaysian palm output fell month-on-month; oil futures rebound after oversold selloff

> Domestic Chinese soybean oil futures closed up 0.46% at 8,771 yuan per ton on November 12. CBOT soyoil and Malaysian palm oil rose sharply the previous day, and Malaysian palm output for October 1-10 fell 26.05% month-on-month according to SPPOMA. China's state reserve agency has begun buying soybean oil.

- Date: 2026-11-12 · published 2026-11-12T12:06:17.048Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/95353-soybean-oil-rises-0-46-intraday-as-institutions-say-malaysian-palm-output-fell
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower Malaysian palm output and state soyoil purchases in China reduce inventory pressure and support prices. Rising imported oil costs also strengthen the cost-driven rebound in domestic vegetable oil markets.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Sources

- goodsfu.10jqka.com.cn: http://goodsfu.10jqka.com.cn/20261112/c681747959.shtml

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