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Malaysian palm oil futures ended higher on Friday and posted their first weekly gain in three weeks, with the January contract up 0.5% to 4,462 ringgit per tonne. Analysts at the Indonesian Palm Oil Conference expect prices to recover as El Niño-driven drought hits production in the first quarter of 2027.
Soyoil on the Chicago Board of Trade and Dalian also rose.
Expected El Niño-related output losses in Indonesia support forward palm oil prices. Gains in rival soyoil suggest broader vegetable oil strength, which can lift demand for palm oil.
brecorder.comReutersNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
