# Palm Oil Rises Further on Bargain Hunting, Softer Stock Build

> Malaysian palm oil futures extended gains to near MYR 4,450 per tonne, helped by a weaker ringgit and firmer Dalian rival oils. October stocks rose to a record 3.62 million tons but came in below market estimates, while cargo surveyors reported early-November shipments down 1.9-2.3% from October.

- Date: 2026-11-12 · published 2026-11-13T00:06:45.508Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/96569-palm-oil-rises-further-on-bargain-hunting-softer-stock-build
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A smaller-than-expected stock build and seasonal output declines support prices, while softer early-November shipments limit the rally. Palm oil prices are likely to stay firm in the near term.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- squawknews.com: https://squawknews.com/news/903942-palm-oil-rises-further-on-bargain-hunting-softer-stock-build

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