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Mysteel's weekly oils review said palm oil rebounded after the MPOB report showed end-period stocks of 3.621 million tonnes, below the 3.75 million expected. Domestic commercial palm oil stocks in China rose to 1.2108 million tonnes, up 142% year on year.
Soybean oil closed at 8,771 yuan per tonne and WTI crude fell to $86.53 per barrel.
A lower-than-expected Malaysian stock figure supports palm oil prices, while weaker crude reduces biofuel-linked support for vegetable oils. Chinese inventories remain high, which limits how far prices can rise.
goodsfu.10jqka.com.cnNov 13, 2026After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), 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.
