# Palm Rebound Meets Record Stocks as El Niño Clouds 2027

> Malaysian crude palm oil futures rebounded about 2.9% to near RM 4,122 per tonne, tracking firmer soyoil and Brent near $93 per barrel. MPOB data showed October stocks rising 3.15% to about 3.62 million tonnes, a record level. Industry projections point to El Niño cutting Indonesian output by up to 3 million tonnes in 2027.

- Date: 2026-11-12 · published 2026-11-12T21:06:13.774Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/96456-palm-rebound-meets-record-stocks-as-el-nino-clouds-2027
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record Malaysian stocks weigh on near-term prices, while expected El Niño output losses in 2027 provide upside support for palm oil and vegoil-linked feed inputs.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: neutral

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-12-palm-rebound-meets-record-stocks-as-el-ni-o-clou

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