# Palm climbs to two-week high as El Niño supply fears outweigh stocks - Markets - Business Recorder

> December palm oil on Bursa Malaysia rose 45 ringgit, or 0.97%, to 4,682 ringgit a metric ton, the highest close since September 24. The rally is attributed to El Niño supply fears outweighing stock levels.

- Date: 2026-10-13 · published 2026-10-13T12:00:00.000Z
- Category: weather · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/530-palm-climbs-to-two-week-high-as-el-nino-supply-fears-outweigh-stocks-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

El Niño threatens palm yields, supporting palm oil prices and vegetable oil feed ingredients.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-02 | [Palm oil climbs 5pc, hits two-week high - Markets - Business Recorder](https://feedsoft.ai/events/6356-palm-oil-climbs-5pc-hits-two-week-high-markets-business-recorder.md) | +4.3% | -5.7% |
| PALMOIL | 2020-11-04 | [Palm oil climbs to near 10-month high on tight supply outlook - Markets - Business Recorder](https://feedsoft.ai/events/50253-palm-oil-climbs-to-near-10-month-high-on-tight-supply-outlook-markets-business.md) | +6.0% | +10.9% |
| PALMOIL | 2021-01-21 | [Palm ends two-day decline as floods raise supply worries - Markets - Business Recorder](https://feedsoft.ai/events/49236-palm-ends-two-day-decline-as-floods-raise-supply-worries-markets-business.md) | +0.8% | -0.1% |
| PALMOIL | 2022-10-19 | [Palm climbs for fourth day on weather woes, India tax fears - Markets - Business Recorder](https://feedsoft.ai/events/39239-palm-climbs-for-fourth-day-on-weather-woes-india-tax-fears-markets-business.md) | +1.0% | +9.3% |
| PALMOIL | 2020-07-23 | [Palm oil tracks soyoil fall, wet weather stokes supply concerns - Markets - Business Recorder](https://feedsoft.ai/events/52203-palm-oil-tracks-soyoil-fall-wet-weather-stokes-supply-concerns-markets-business.md) | +0.2% | +9.7% |
| SBO | 2021-06-02 | [Palm oil climbs 5pc, hits two-week high - Markets - Business Recorder](https://feedsoft.ai/events/6356-palm-oil-climbs-5pc-hits-two-week-high-markets-business-recorder.md) | +5.1% | -7.2% |
| SBO | 2022-10-19 | [Palm climbs for fourth day on weather woes, India tax fears - Markets - Business Recorder](https://feedsoft.ai/events/39239-palm-climbs-for-fourth-day-on-weather-woes-india-tax-fears-markets-business.md) | +3.8% | +7.9% |
| SBO | 2023-06-02 | [Palm ends 3% higher on stronger rivals, El Nino worries - Markets - Business Recorder](https://feedsoft.ai/events/7324-palm-ends-3-higher-on-stronger-rivals-el-nino-worries-markets-business-recorder.md) | +5.0% | +20.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40444001

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