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Analysts at BMI and others expect global palm oil prices to rise as the 2026-27 production surplus narrows. Support comes from Malaysian output declines, Indonesian biodiesel demand, Indian restocking, Black Sea disruption to sunflower and soy oil, and El Niño.
BMI raised its 2026 average price forecast to MYR4,453 per tonne.
A narrowing surplus combined with competing oil supply disruptions points to firmer palm oil prices into early 2027.
thehindubusinessline.comSubramani Ra MancombuAug 27, 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.
