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Analyst Dorab Mistry expects Malaysian palm oil to trade between RM4,500 and RM5,000 per tonne until April 2027. He expects the oil palm production cycle to enter a low-yield phase in February after El Nino-induced drought.
He said traders had been too bullish too soon on the severity of the impact.
The forecast points to a range-bound market with limited upside, because the drought effect is expected to be less severe than priced earlier. Feed fat buyers can plan for stable to slightly firmer palm prices.
klsescreener.comNov 13, 2026Not enough comparable past events yet for a historical read.
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.
