# Palm rebounds 2.9% off oversold lows as record stocks cap the bounce

> Malaysian CPO recovered 2.9% to about $1,012 per tonne after falling from RM4,436 on 28 October to RM3,985 on 10 November. October Malaysian stocks reportedly rose to a record 3.62 million tonnes. Indonesia's B50 biodiesel programme and El Niño risk are cited as support.

- Date: 2026-11-12 · published 2026-11-13T03:06:34.643Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/97006-palm-rebounds-2-9-off-oversold-lows-as-record-stocks-cap-the-bounce
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Record Malaysian stocks cap the rebound, while biodiesel demand and El Niño supply risk limit the downside for buyers.

## Read by commodity

- PALMOIL: neutral

## Sources

- palmoileconomics.com: https://palmoileconomics.com/news/2026-11-12-market-brief

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