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The Malaysian Palm Oil Board expects crude palm oil prices to average RM4,000 to RM4,300 per tonne through the end of 2026. MPOB cites Middle East tensions, possible El Niño impacts and stronger Indonesian biodiesel consumption as supports.
A firm price outlook reflects supply constraints from weather risk and biodiesel demand, supporting feed and oilseed cost expectations.
After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% 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.