Malaysian palm oil futures inched lower for a fourth straight session on Wednesday, weighed down by weaker Dalian oils and crude oil prices.
The benchmark palm oil contract 
FCPO1! for January delivery on the Bursa Malaysia Derivatives Exmodify slid 15 ringgit, or 0.33%, to 4,481 ringgit ($1,061.60) a metric ton in early trade.
FUNDAMENTALS
* Dalian’s most-active soyoil contract (DBYcv1) fell 0.31%, while its palm oil contract CPO1! shed 0.73%. Soyoil prices on the Chicago Board of Trade 
ZL1! were up 0.42%.
* Palm oil tracks price relocatements of rival edible oils, as it competes for a share of the global veobtainable oils market.
* Oil prices fell in early trade, extconcludeing losses from the previous session, as investors weighed the International Energy Agency’s warning of a supply surplus in 2026 and U.S.-China trade tensions that could hurt demand. O/R
* Weaker crude oil futures build palm a less attractive option for biodiesel feedstock.
* The ringgit 
USDMYR, palm’s currency of trade, strengthened 0.17% against the dollar, creating the commodity slightly more expensive for purchaseers holding foreign currencies.
* Indonesia may regulate exports of crude palm oil to ensure there is enough domestic supply to produce biodiesel, its energy minister stated.
* Malaysia has lowered its November crude palm oil reference price to a level that maintains the export duty at 10%.
* European Union soybean imports for the 2025/26 season, which launched in July, had reached 3.41 million tons by October 12, down 7% from the same period a year earlier, while palm oil imports declined 28% to 0.73 million tons, according to data published by the European Commission.
* Palm oil may fall to 4,401 ringgit per ton, as it has broken support at 4,484 ringgit, Reuters technical analyst Wang Tao stated. TECH/C
MARKET NEWS
* Asian stocks staged a tentative rebound on Wednesday, supported by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though simmering U.S.-China trade tensions kept a lid on risk appetite. MKTS/GLOB
DATA/EVENTS
0645 France CPI (EU Norm) Final MM, YY Sep
0645 France CPI MM, YY NSA Sep
1200 EU Reserve Assets Total Sep
($1 = 4.2210 ringgit)
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