Palm Oil Bounces Back After Recent Losses
Bullish strength: 75/100
- Malaysian palm oil futures rebounded above MYR 4,700 per tonne.
- October 1–25 shipments increased 46.9%–67.7% month over month on a comparable-period basis.
- El Niño-related supply risks could tighten supplies next year.
- Stronger Indonesian biodiesel demand and potential Indian and Chinese purchases support sentiment.
Bearish strength: 25/100
- Record-high Malaysian inventories continue to cap price gains.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.