
IVPA president Sudhakar Desai said at the CCOC-17 conference in Shanghai that global vegetable oil output will rise 3.1% to about 212.5 million tonnes in 2025-26, with consumption near 211 million. He projected Indonesian palm oil output at 49.3 million tonnes and Malaysian at 19.8 million, and said Indonesia may divert about 14.6 million tonnes to biodiesel under B50.
Diversion of about 14.6 million tonnes to biodiesel under B50 absorbs exportable palm supply and, combined with lower Malaysian and Indonesian output, supports palm oil prices despite a broadly comfortable global balance.
After 149 past bullish report events, PALMOIL moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
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.