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TODAY'S MARKET INTELLIGENCE

Palm Oil Pulls Back After Rally; Soybean, Rapeseed and Sunflower Oils Diverge

Published: 2026-10-21 20:07:00Category: financeHeat: 54

English summary

Malaysian palm oil futures fell 1.02% on Oct 21 due to profit-taking despite a surge in exports, as high inventories weighed on prices. Soybean, rapeseed, and sunflower oils showed divergent trends driven by biofuel demand, supply improvements, and Black Sea logistics. Rising crude oil supported vegetable oils, but the market awaits confirmation of inventory drawdown.

The English text is machine translated and may require verification against the Chinese version.

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