# CPO Prices Rise for Second Straight Day, Overshadowed by Crude Oil and High Stocks

> Crude palm oil futures for January delivery on Bursa Malaysia Derivatives rose 1.27% to 4,465 ringgit per tonne on Thursday, extending a two-day gain. The rally was supported by stronger rival vegetable oils on Dalian and a rise in Chicago soyoil overnight. Weaker crude oil prices and high Malaysian palm oil inventories limited the gains and prompted profit-taking near technical resistance.

- Date: 2026-11-12 · published 2026-11-12T18:06:14.406Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/95810-cpo-prices-rise-for-second-straight-day-overshadowed-by-crude-oil-and-high
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Palm oil competes with soyoil and other vegetable oils, so firmer Dalian and Chicago oils support Malaysian futures. Weak crude and heavy Malaysian stocks cap the rally, keeping near-term prices range-bound for feed fat buyers.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- idxchannel.com: https://www.idxchannel.com/market-news/harga-cpo-naik-2-hari-beruntun-dibayangi-minyak-mentah-dan-tingginya-stok

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