# Palm Oil News - Palm Oil Prices Expected to Remain Elevated through 2027, Supported by Indonesian Biodiesel Demand

> Hong Leong Investment Bank kept its Malaysian crude palm oil price forecasts at RM4,450 per tonne for 2026 and RM4,500 for 2027. The bank cites a tighter supply-demand balance and Indonesian biodiesel demand supporting prices.

- Date: 2026-10-30 · published 2026-10-31T10:05:37.672Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/2884-palm-oil-news-palm-oil-prices-expected-to-remain-elevated-through-2027
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Sustained biodiesel-driven demand and a tightening balance point to firm palm oil prices, which supports competing vegetable oils and meal substitutes in feed formulation.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-12-07 | [Indonesia's palm oil exports to hit record high, despite production shortfall - Grain Price News](https://feedsoft.ai/events/15771-indonesia-s-palm-oil-exports-to-hit-record-high-despite-production-shortfall.md) | -4.9% | -0.3% |
| PALMOIL | 2023-02-05 | [Indonesia’s crude palm oil exports to drop further as more palm oil goes to biodiesel - Opinion](https://feedsoft.ai/events/15758-indonesia-s-crude-palm-oil-exports-to-drop-further-as-more-palm-oil-goes-to.md) | +0.8% | +5.9% |
| PALMOIL | 2020-01-17 | [Palm oil rally sparked by growing biodiesel use in Malaysia and Indonesia](https://feedsoft.ai/events/54957-palm-oil-rally-sparked-by-growing-biodiesel-use-in-malaysia-and-indonesia.md) | -0.0% | -10.8% |
| PALMOIL | 2017-12-06 | [Industry Review: Palm Oil Price and Output Expected to Pick Up in 2018 - The Insiders Stories](https://feedsoft.ai/events/67569-industry-review-palm-oil-price-and-output-expected-to-pick-up-in-2018-the.md) | -3.6% | +1.5% |
| PALMOIL | 2024-11-01 | [Crude palm oil prices likely to remain high through the first quarter of 2025](https://feedsoft.ai/events/4986-crude-palm-oil-prices-likely-to-remain-high-through-the-first-quarter-of-2025.md) | +9.9% | +9.2% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/18576/palm-oil-prices-expected-to-remain-elevated-through-2027--supported-by-indonesian-biodiesel-demand

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