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Palm oil prices held steady at about 4,447 ringgit a ton as traders awaited details of a reported new service fee by Danantara Sumberdaya Indonesia. Traders are also watching Dalian palm and soyoil contracts and US soyoil futures for direction.
Technical levels of 4,471 resistance and 4,382 support are in focus.
A new service fee could act like a tax on part of the Indonesian supply chain, so traders are adding a risk premium and avoiding large moves away from rival oils. Until the all-in cost is clear, palm is likely to stay range-bound.
finimize.comFinimizeNov 13, 2026After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% 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.
