Neutral impactCommodity
Crude palm oil prices to remain above $1,154 per ton for rest of 2026, MPOC says
BusinessLine 1 hr ago·22 Sept 2026, 3:22 am
The Malaysian Palm Oil Council (MPOC) projects that crude palm oil prices will stay above $1,154 per ton for the remainder of 2026. This outlook is based on a tight supply outlook, as global demand continues to outpace production. For investors, this signals a period of relative stability and potential upside for the commodity, which is a key ingredient in many food products and biofuels. It suggests that the sector may continue to perform well in the near term.
However, the MPOC has identified specific risks that could disrupt this trend. A significant drop in energy prices or a sharp increase in global inventories could push prices lower. Investors should also monitor the seasonal production cycle, as palm oil output typically peaks in September or October. A sudden surge in supply during this period could pressure prices, making it crucial to watch for any signs of a supply glut.
Excerpt from BusinessLine
Crude palm oil prices are expected to remain above 4,700 ringgit ($1,154) per metric ton in October and through the rest of the year, underpinned by weather uncertainties and favourable energy markets, the Malaysian Palm Oil Council said on Tuesday. The key downside risks are a decline in energy prices and a…Read the original at BusinessLine
Key takeaways
- Category: Commodity.
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