
The Malaysian Palm Oil Council forecasts benchmark palm oil rising to 4,500 ringgit per tonne by year-end, with a lower-end case of 4,100 to 4,200 ringgit. The council cites Chinese and Ramadan demand, monsoon harvest disruption and Indonesia's B50 plan reducing exports.
Seasonal output decline and monsoon disruption combined with Indonesian biodiesel demand would tighten palm supplies, supporting prices for buyers of palm-based feed fats.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.