# Mysteel Weekly: Latest Report Bullish Drives Oils Firmly Volatile

> 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.

- Date: 2026-11-13 · published 2026-11-13T00:07:58.423Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/96587-mysteel-weekly-latest-report-bullish-drives-oils-firmly-volatile
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- SBO: neutral
- WTI: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-11-12 | [Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report](https://feedsoft.ai/events/7051-farming-news-adm-osr-market-report-oilseeds-values-surged-following.md) | +3.0% | -4.0% |
| PALMOIL | 2019-08-16 | [A Reinforced Case For A Bullish Edible Oil Market » Trilateral - Perspectives You Can Price On](https://feedsoft.ai/events/57643-a-reinforced-case-for-a-bullish-edible-oil-market-trilateral-perspectives-you.md) | +1.6% | +2.0% |
| PALMOIL | 2022-04-15 | [EIA’s latest energy outlook forecasts US renewable diesel supply to…](https://feedsoft.ai/events/15403-eia-s-latest-energy-outlook-forecasts-us-renewable-diesel-supply-to.md) | +1.2% | -0.3% |
| PALMOIL | 2019-01-29 | [Hit-and-miss ‘no deforestation’ policies for palm oil show need for support by legal regulation - EIA](https://feedsoft.ai/events/61114-hit-and-miss-no-deforestation-policies-for-palm-oil-show-need-for-support-by.md) | +4.4% | +2.4% |
| PALMOIL | 2020-10-02 | [Farming News - ADM Agriculture Oilseed Rape Market Report](https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report.md) | +2.4% | +4.9% |
| SBO | 2020-12-12 | [USDA Oilseeds as of Dec 2020 market report](https://feedsoft.ai/events/49747-usda-oilseeds-as-of-dec-2020-market-report.md) | +1.2% | +7.4% |
| SBO | 2025-08-14 | [Soybean Prices Reverse Losses on Bullish WASDE - American Soybean Association](https://feedsoft.ai/events/12450-soybean-prices-reverse-losses-on-bullish-wasde-american-soybean-association.md) | -3.9% | -3.7% |
| SBO | 2023-02-21 | [W7: Weekly Sunflower Oil Update](https://feedsoft.ai/events/37436-w7-weekly-sunflower-oil-update.md) | -1.9% | -5.1% |

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261113/c681772558.shtml

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