Analysts see palm oil staying elevated next year on dry weather and biodiesel demand

Nikkei Asia ·
Analysts see palm oil staying elevated next year on dry weather and biodiesel demand
  • Palm oil prices are expected to remain high into next year, according to market analysts cited by Nikkei Asia (Oct 22, 2026).
  • Dry weather is hitting output in Southeast Asia's key production areas, and growing biodiesel demand is tightening the market.

Quotes

“Palm oil prices are expected to remain high into next year as dry weather hits output in Southeast Asia's key production areas and demand rises for biodiesel”— Market analysts (cited by Nikkei Asia)

Sources