# Global palm oil prices will likely surge on narrow production surplus - The HinduBusinessLine

> 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.

- Date: 2026-08-27 · published 2026-08-27T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/18013-global-palm-oil-prices-will-likely-surge-on-narrow-production-surplus-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A narrowing surplus combined with competing oil supply disruptions points to firmer palm oil prices into early 2027.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/global-palm-oil-prices-seen-surging-on-narrow-production-surplus/article71393478.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.