
Malaysia's palm oil exports rose 55.75% month-on-month to 1.71 million tons in October 2026, according to MPOB. Total stocks still rose 3.15% to a record 3.62 million tons, and crude palm oil output hit a monthly record of 2.154 million tons.
Record stocks and record output point to ample supply, which limits price gains even with stronger exports. Increased Indian purchases support demand, but the inventory overhang is likely to keep prices under pressure.
After 96 past bearish report events, Palm Oil moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.6%), and -0.9% over 20.
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.