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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
Malaysia lowers November crude palm oil reference price, duty remains at 10%
Plantation outlook remains neutral amid record-high inventories
Malaysia mulls CPO tax waiver as palm oil stocks hit record 3.5mil tonnes
Malaysian palm oil prices fall to one-month low amid rising inventory concerns
03/11/2026 (Ukr Agro Consult) - Malaysian palm oil futures fell to their lowest level in nearly a month on November 3, 2026, amid concerns over further inventory accumulation. On the Bursa Malaysia Derivatives Exchange, January contracts declined by 97 ringgit, or 2.09%, to 4,552 ringgit ($1,117.88) per ton. This marked the lowest closing price since October 7. The market remains under pressure from abundant supplies, which have not yet been fully offset by stronger export demand.
Indonesia's palm oil exports up 8.1% in first nine months of year
02/11/2026 (The Edge Malaysia), Jakarta - Indonesia exported 19 million metric tons of crude and refined palm oil in the January to September period, up 8.1% from the same period a year earlier, statistics bureau data showed on Monday.
Malaysia’s palm oil stocks hit record high of 3.51 mln tons
03/11/2026 (Ukr Agro Consult) - Malaysia’s palm oil stocks rose to a record 3.51 mln tons by the end of September 2026, up 700 thsd tons from the previous month and 1.15 mln tons above the level recorded a year earlier. According to Oil World, the main driver behind the stock buildup was a significant increase in production amid favorable harvesting conditions. Meanwhile, improved price competitiveness of palm oil began to stimulate a recovery in export demand.
Why Sabah oil palm smallholders get lower FFB prices
03/11/2026 (Daily Express), Kuala Lumpur - A 7.5 per cent State Sales Tax (SST) imposed by the Sabah Government on Crude Palm Oil (CPO), along with higher logistics and transportation costs, are the main factors contributing to the lower prices of Fresh Fruit Bunches (FFB) in Sabah compared with Peninsular Malaysia.
China’s palm oil inventories nearly double, increasing pressure on prices
03/11/2026 (Ukr Agro Comsult) - Commercial palm oil inventories in China reached approximately 1.21 mln tons in late October 2026, nearly double the level recorded during the same period last year and among the highest for this time of year. Substantial stocks combined with weak domestic demand have pushed prices lower. According to SunSirs, the average market price of palm oil declined by 3.03% in October, falling from 9,250 yuan/t at the beginning of the month to 8,970 yuan/t as of October 29.
EU palm oil demand continues to decline amid biofuel restrictions
03/11/2026 (Ukr Agro Consult) - Palm oil imports into major European Union countries continue to decline as its use in biofuel production decreases. According to European Commission data, most key importers reduced purchases between July 1 and October 18, 2026, compared with the same period last year. The main driver of this trend has been the exclusion of palm oil-based biofuels from national quota obligations, limiting demand for the feedstock from Europe’s biofuel sector.
Frankly Speaking: Malaysia must act fast or risk losing out
02/11/2026 (KLSE Screener) - Malaysia cannot afford to drag its feet on a proposal to temporarily suspend crude palm oil (CPO) export duties as the industry grapples with mounting stockpiles and intensifying competition from Indonesia.
Palm Oil Futures Rebound on Energy and Vegoil Support, But Stocks Cap Upside
02/11/2026 (CMB News) - Malaysian palm oil futures have rebounded after a multi‑day slide, helped by stronger crude oil and rival vegetable oils, but large domestic inventories and hesitant buying by key importers are limiting follow‑through gains. The benchmark January contract on Bursa Malaysia Derivatives bounced after four straight sessions of losses, tracking firmer Chicago soybean oil and Dalian palm olein, and supported by a recovery in crude oil that improves the economics of palm-based biodiesel. Bargain hunting also emerged after the late-October sell-off. Still, high Malaysian stock levels and cautious purchasing from major importing regions are keeping rallies in check, leaving the market finely balanced ahead of fresh export and production data.
