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Palm oil futures on MDEX and Bursa Malaysia eased after a sharp short-covering rally. Nearby contracts traded around MYR 4,150–4,450 per tonne, with the forward curve flattening beyond mid-2027.
Record Malaysian inventories are keeping prices range-bound.
Record stocks and a flatter curve signal comfortable medium-term supply, which caps palm oil prices and weighs on feed fat costs.
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.