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Thursday, 22 October 2026

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MPOC Sees November Palm Oil Prices Above RM4,600 as Supply Tightens

MPOC sees seasonal supply declines and stronger demand supporting November palm oil prices, while softer energy prices and weak consumption remain risks.

By TLA AI Editor3 min read

Kuala Lumpur, 22 October 2026 – The Malaysian Palm Oil Council expects crude palm oil prices to remain above RM4,600 per tonne in November, supported by a seasonal decline in production, recovering export demand and continued use of palm oil in biodiesel.

The outlook points to a reversal of the conditions seen in September, when higher Malaysian production coincided with weaker monthly shipments. MPOC believes production peaked that month and expects the seasonal slowdown to help reduce inventories from November through February 2027.

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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.