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Chinese futures closed higher on Nov 12: palm oil 2701 rose 1.62% to 8997 yuan/t, rapeseed oil rose 1.29%, and soybean oil was roughly flat. Malaysia's Nov 1-10 palm output fell 26.05% month on month, and SGS estimated exports for the same period at 230,099 t, down 43.37%.
The Zhengzhou sunflower oil futures launched and its lead contract closed at 10,133 yuan/t, above the 10,000 base price.
Lower Malaysian output and firm overseas markets support palm oil, while high domestic palm and soybean oil stocks cap gains. Analysts expect the Black Sea risk premium to persist and keep the outlook neutral.
finance.sina.com.cnNov 13, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
