It was mainly boosted by MPOB's October report data beating expectations. Ending stocks of 3.621 million tonnes were below the market expectation of 3.75 million tonnes, and exports of 1.7087 million tonnes were significantly higher than expected, indicating a marginal improvement in the supply-demand structure. Yesterday, the spot basis maintained a discount structure, and the basis came under pressure amid high inventory suppression. Yesterday, national spot palm oil transactions were only 168 tonnes, extremely thin, with very weak downstream purchasing willingness. Fundamentally, domestic commercial palm oil inventories are at historically high levels for the same period, but the MPOB report eased concerns about loose supply in producing areas. In the short term, palm oil is expected to remain in a weak oscillation pattern, with attention on the realization of production cuts in producing areas and the progress of domestic destocking.