# CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC | The Star

> The Malaysian Palm Oil Council expects crude palm oil prices to hold around RM4,500 per tonne near term, supported by biodiesel economics, elevated crude prices and possible El Nino. It warned gains may be capped by softer export demand and rising seasonal stocks.

- Date: 2026-04-24 · published 2026-04-24T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/19813-cpo-prices-to-remain-above-rm4-500-per-tonne-on-biodiesel-expansion-mpoc-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Biodiesel mandates in Malaysia and Indonesia add demand for palm oil, but weaker importing-country demand and seasonal stock builds limit upside.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-11-21 | [Cooperation among govts on biodiesel mandates can sustain CPO prise rise, says expert \| Malay Mail](https://feedsoft.ai/events/55949-cooperation-among-govts-on-biodiesel-mandates-can-sustain-cpo-prise-rise-says.md) | 0.0% | +9.3% |
| PALMOIL | 2017-03-07 | [Malaysia’s biodiesel production to rebound this year \| The Star](https://feedsoft.ai/events/71877-malaysia-s-biodiesel-production-to-rebound-this-year-the-star.md) | -4.1% | -7.2% |
| PALMOIL | 2018-10-16 | [Malaysia’s biodiesel output, exports set to hit records  \| The Star](https://feedsoft.ai/events/62407-malaysia-s-biodiesel-output-exports-set-to-hit-records-the-star.md) | +1.1% | -6.8% |
| PALMOIL | 2019-03-05 | [Palm oil to rise to RM2,400 a tonne, on higher biodiesel mandate \| New Straits Times](https://feedsoft.ai/events/59955-palm-oil-to-rise-to-rm2-400-a-tonne-on-higher-biodiesel-mandate-new-straits.md) | -1.4% | -1.8% |
| PALMOIL | 2026-04-07 | [Malaysia plans phased expansion of biodiesel programme, minister says \| Reuters](https://feedsoft.ai/events/15476-malaysia-plans-phased-expansion-of-biodiesel-programme-minister-says-reuters.md) | -2.9% | -1.9% |
| SBO | 2019-04-08 | [Argentina raises biodiesel price to $635.5 per ton for April  : The Daily Digest](https://feedsoft.ai/events/59468-argentina-raises-biodiesel-price-to-635-5-per-ton-for-april-the-daily-digest.md) | -0.7% | -7.9% |
| SBO | 2019-09-21 | [Biodiesel prices soar in Germany, up 30% compared to mid-August  : The Daily Digest](https://feedsoft.ai/events/57169-biodiesel-prices-soar-in-germany-up-30-compared-to-mid-august-the-daily-digest.md) | -2.3% | +3.7% |
| SBO | 2017-08-23 | [M’sia, Indonesia in talks on possible B5 biodiesel programme in China \| The Star](https://feedsoft.ai/events/69316-m-sia-indonesia-in-talks-on-possible-b5-biodiesel-programme-in-china-the-star.md) | +0.6% | +1.8% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/04/24/cpo-prices-to-remain-above-rm4500-per-tonne-on-biodiesel-expansion---mpoc

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