# La Nina heavy rainfall to lift palm oil prices | Borneo Post Online

> Australia's Bureau of Meteorology raised its ENSO outlook to La Niña, though it expects a weak, short-lived event through early autumn 2018. MIDF Research said the rains could flood Malaysian and Indonesian palm plantations, disrupting harvesting and transport.

- Date: 2017-12-06 · published 2017-12-06T12:00:00.000Z
- Category: weather · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/67566-la-nina-heavy-rainfall-to-lift-palm-oil-prices-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Flood disruption to fresh fruit bunch harvests could tighten palm oil supply, while La Niña's historical link to drier South American planting would support soybean oil and meal prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-10-25 | [Strong La Nina will have significant impact on palm oil production \| Borneo Post Online](https://feedsoft.ai/events/68565-strong-la-nina-will-have-significant-impact-on-palm-oil-production-borneo-post.md) | +0.3% | +0.1% |
| PALMOIL | 2026-10-22 | [Palm oil prices to stay high next year on Southeast Asia drought](https://feedsoft.ai/events/523-palm-oil-prices-to-stay-high-next-year-on-southeast-asia-drought.md) | -0.4% | — |
| PALMOIL | 2021-12-29 | [Palm Oil Bulls to Roar Into 2022 on Labor Crunch, La Nina Deluge - Bloomberg](https://feedsoft.ai/events/43692-palm-oil-bulls-to-roar-into-2022-on-labor-crunch-la-nina-deluge-bloomberg.md) | +4.3% | +11.2% |
| 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 | 2023-11-23 | [El Nino poses risk to 2024 palm oil output in Indonesia, Malaysia - The HinduBusinessLine](https://feedsoft.ai/events/33277-el-nino-poses-risk-to-2024-palm-oil-output-in-indonesia-malaysia-the.md) | -0.7% | -3.3% |
| SBO | 2023-11-23 | [El Nino poses risk to 2024 palm oil output in Indonesia, Malaysia - The HinduBusinessLine](https://feedsoft.ai/events/33277-el-nino-poses-risk-to-2024-palm-oil-output-in-indonesia-malaysia-the.md) | -1.1% | -5.2% |
| SBO | 2016-11-24 | [Lower palm oil output into early next year likely to support prices - The Business Times](https://feedsoft.ai/events/6694-lower-palm-oil-output-into-early-next-year-likely-to-support-prices-the.md) | +2.1% | -5.6% |
| SBO | 2024-10-25 | [Malaysia’s palm oil surge: What’s driving prices to biggest highs since 2022?](https://feedsoft.ai/events/4981-malaysia-s-palm-oil-surge-what-s-driving-prices-to-biggest-highs-since-2022.md) | +3.9% | +2.1% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/12/07/la-nina-heavy-rainfall-to-lift-palm-oil-prices/

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