# Robust biodiesel demand set to buoy CPO price | The Star

> Kenanga Research maintained an overweight rating on the plantation sector and kept its CPO price assumptions at RM4,500 per tonne for 2026 and RM4,700 for 2027. The research house cited higher biodiesel demand from the Middle East conflict and Black Sea shipping disruptions to Ukrainian sunflower exports. It also flagged that a strong El Niño could cut palm output by 2% to 9%.

- Date: 2026-09-03 · published 2026-09-03T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/4534-robust-biodiesel-demand-set-to-buoy-cpo-price-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Firm biodiesel demand and tighter edible oil supply support elevated palm prices. A severe El Niño could push CPO prices up further through lower yields.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/09/04/robust-biodiesel-demand-set-to-buoy-cpo-price

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