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Palm retreats from 21-month high on stock outlook, weak exports
JAKARTA: [Malaysian palm oil futures](https://palm oil) pulled back from a 21-month high on Thursday to trade little changed, pressured by weak exports and expectations that stocks could rise this month. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 2 ringgit, or 0.04%, at 4,996 ringgit ($1,220.17) a metric ton by the midday break. Earlier in the day, the contract hit its highest level since December 2024. “Palm oil fundamentals remain weighed down by weak September exports and expectations that end-month stocks could rise to around 3...
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