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Malaysian palm oil futures rose for a second straight session, supported by gains in Dalian and Chicago vegetable oil markets. Traders took profits near resistance, citing weaker crude, large Malaysian stockpiles and a firmer ringgit.
Palm is priced off rival vegetable oils and crude, and large inventories cap rallies. Buyers of palm-based feed ingredients should expect a modestly firmer but still stock-constrained market.
brecorder.comReutersNov 12, 2026Not enough comparable past events yet for a historical read.
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.
