On October 23rd, the National Grain and Oil Information Center reported that on October 22nd, the Malaysian Derivatives Exchange (BMD) palm oil futures price rose by 2%, mainly due to Indonesia's possible significant reduction in palm oil exports to support domestic firewood projects, which is beneficial for Malaysia's palm oil exports. As of the close, palm oil futures prices have risen by 52-89 ringgit, with the benchmark 2501 crude palm oil contract rising by 88 ringgit or 2.05%, closing at 4,387 ringgit/ton, equivalent to 1,014.4 US dollars/ton.

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