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Tuesday, 20 October 2026

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MPOC Sees Palm Oil Above RM4,700 as Weather and Energy Risks Tighten

MPOC expects crude palm oil prices to remain above RM4,700 a tonne in October, supported by weather uncertainty and energy markets despite elevated stocks.

By TLA AI Editor3 min read

Kuala Lumpur, 22 September 2026 – The Malaysian Palm Oil Council expects crude palm oil prices to stay above RM4,700 a tonne in October and potentially through the rest of the year, as dry weather in Southeast Asia and stronger energy markets offset the drag from high Malaysian inventories.

The outlook follows mixed August data. Malaysia’s palm oil production rose 1.4% from July to 1.81 million tonnes as fruit-bunch collection and extraction rates improved, but output remained below its year-earlier level for a sixth consecutive month. Exports, meanwhile, fell 7.5% month on month to 1.29 million tonnes, reflecting weaker shipments to South Asia and the Middle East.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.