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IOI Corp said CPO prices have risen to between RM4,800 and RM5,000 per tonne since mid-August and expects strong prices to persist into FY27. The company cited El Niño effects on oil palm areas in Malaysia and Indonesia, along with elevated crude and biodiesel economics.
Its FFB output is projected to rise by a single-digit percentage.
Expectations of lagged drought effects on fresh fruit bunch output and strong biodiesel economics support palm oil prices over the coming year.
thestar.com.myThe Star OnlineAug 28, 2026After 181 past bullish weather events, Palm Oil moved a median +0.5% over 5 sessions (56% higher; middle half -0.9% to +1.9%), and +0.3% 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.
