# IOI Corp sees strong FY27 on elevated CPO prices | The Star

> 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.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: weather · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/4539-ioi-corp-sees-strong-fy27-on-elevated-cpo-prices-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of lagged drought effects on fresh fruit bunch output and strong biodiesel economics support palm oil prices over the coming year.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-12-03 | [Low production to support CPO prices \| The Star](https://feedsoft.ai/events/49758-low-production-to-support-cpo-prices-the-star.md) | +1.0% | +5.3% |
| PALMOIL | 2021-08-17 | [Palm oil stocks record stronger H1 revenue, profits on higher CPO prices, demand - The Business Times](https://feedsoft.ai/events/45660-palm-oil-stocks-record-stronger-h1-revenue-profits-on-higher-cpo-prices-demand.md) | -1.4% | -0.2% |
| PALMOIL | 2017-10-31 | [IOI Group: Malaysia sees La Nina pushing CPO prices above RM3,000/tonne](https://feedsoft.ai/events/68564-ioi-group-malaysia-sees-la-nina-pushing-cpo-prices-above-rm3-000-tonne.md) | +1.2% | -0.2% |
| PALMOIL | 2022-12-18 | [Tight grain, oilseed supplies to keep prices elevated - BusinessWorld Online](https://feedsoft.ai/events/8467-tight-grain-oilseed-supplies-to-keep-prices-elevated-businessworld-online.md) | -0.6% | +1.5% |
| PALMOIL | 2024-01-15 | [OCBC Research revises 2024 CPO price to average RM3,650 per tonne \| The Star](https://feedsoft.ai/events/32230-ocbc-research-revises-2024-cpo-price-to-average-rm3-650-per-tonne-the-star.md) | -0.2% | -1.4% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/08/28/ioi-corp-sees-strong-fy27-on-elevated-cpo-prices

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