
Crude palm oil futures on Bursa Malaysia Derivatives closed higher on Friday, with the November 2026 contract up RM12 to RM4,180 per tonne and forward months gaining between RM6 and RM33. Trading volume eased while open interest widened, and the physical November South price was unchanged at RM4,200 per tonne.
Expectations of lower palm oil output next year from El Niño drought support forward prices, and traders are watching soybean oil and crude oil for direction. Firmer palm prices tend to support competing vegetable oils and meal-related margins.
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.