On Friday, November 11, 2022, as exports surged in early November, Malaysian palm oil futures jumped as well. They are heading for a weekly loss after declines in the previous three sessions.

In early trading, the palm oil reference contract for delivery in January on the Bursa Malaysia Derivatives Exchange earned 106 ringgits, or 2.54%, to 4,284 ringgits ($923.87) per ton. Indeed, the palm is expected to fall by 1.9% for the week

Compared to the same week in October, Malaysian exporters between November 1 and 15 jumped from 12.7% to 33%. While cargo inspectors said on Thursday that shipments to India and China have accelerated. According to data released on Friday by the Malaysian Palm Oil Board (MPOB), Malaysia's palm oil stocks at the end of October rose for the fifth month to a three-year high of 2.4 million tons.