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MPOB data showed Malaysian palm oil output rose 1.73% month-on-month to 2.15 million tons in October, while exports surged 55.75% to 1.71 million tons. Stocks rose 3.16% to 3.62 million tons at the end of October, though slightly below market expectations.
Output is expected to fall seasonally in November.
A seasonal production drop could support prices, but stocks at 3.62 million tons remain high and are unlikely to fall quickly, so pressure on palm oil prices is likely to persist in the coming months.
ukragroconsult.comNov 14, 2026After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% 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.
