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Godrej International director Dorab Mistry said crude palm oil could exceed RM5,000 per tonne in the second half of 2027, supported by supply constraints and Indonesia's biodiesel plans. He warned that weaker vegetable oil demand, B50 uncertainty and Middle East and Black Sea developments are downside risks.
A forecast of CPO above RM5,000 implies a firmer vegetable oil and fat price path into 2027, raising costs for feed fat buyers. The cautious tone on demand limits the bullish case.
Not 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.