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MPOC expects Malaysian crude palm oil to stay above RM4,700 per tonne in October and through the rest of 2026, citing El Niño weather risks and firm energy markets. It flagged energy price declines and stock build-up as the main downside risks.
A firm price floor for palm oil supported by weather and energy reflects a supportive backdrop for vegetable oils and biodiesel-linked demand.
Not 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.