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TA Research expects crude palm oil prices to average around RM4,000 per tonne going into 2026, down 4.8% year on year. The research house cites rising global production, softer import demand from China and India, and competition from sunflower and soybean oil.
CPO futures on Bursa Malaysia had already slipped below RM4,000.
Expected supply growth outpacing demand caps upside for palm oil prices and squeezes upstream margins. Feed and oilseed buyers may see softer vegetable oil costs in 2026.
Not 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.