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Timely rains are cushioning the impact of El Niño on Malaysian palm oil output, with the producer expected to deliver about 19.8 to 20 million tonnes. Malaysia's weather agency forecasts El Niño to peak with temperatures possibly exceeding the local record of 40.1 degrees Celsius.
Rains limit the expected output loss, which caps palm price gains, but a forecast El Niño peak with extreme heat still poses a risk to later production.
thestar.com.myOct 30, 2026After 29 past bearish weather events, Palm Oil moved a median -0.3% over 5 sessions (38% higher; middle half -2.2% to +0.6%), and -1.4% 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.
