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Palm oil prices rose on concerns over El Niño-related production losses in Indonesia. Indonesian Palm Oil Association chairman Eddy Martono said output could fall by 3 million tonnes, with the heaviest impact expected in 2027.
The warning followed his earlier forecast of 56.6 million tonnes for 2027 output.
A possible 3 million tonne Indonesian shortfall would tighten global vegoil supply and support palm prices, affecting feed fat costs.
ekoturk.comNov 12, 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.
