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Indonesia's Chief Economic Minister Airlangga Hartarto expects palm oil product exports to reach about 35 million tonnes in 2026. Shipments from January to October totalled 33.8 million tonnes, up 6% year on year, and production is projected at about 60 million tonnes.
GAPKI warned that El Niño drought and wildfires could cut output by 3.0 million tonnes, with the biggest impact expected in 2027.
Strong export pace draws on Indonesian supply, but El Niño-driven production losses in 2027 could tighten global vegetable oil supply and support palm oil prices.
nst.com.myReutersNov 12, 2026After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% 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.
