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Malaysian palm oil futures climbed toward MYR 4,450 per tonne, helped by a weaker ringgit and firmer Dalian rivals. October stocks rose to a record 3.62 million tonnes but were below the 3.75 million tonne estimate.
Export shipments fell 1.9–2.3% in early November from October levels.
Stocks building more slowly than expected, along with seasonal output declines and El Niño risk, supports prices. Weaker early-November shipments cap the rally and keep the market range-bound.
id.tradingeconomics.comFarida HusnaNov 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.
