Crude palm oil prices to stay above $1,128 per ton in November, MPOC says

Business Recorder • Oct 22, 2026

KUALA LUMPUR: Crude palm oil prices are expected to stay above 4,600 ringgit ($1,128) per metric ton in November on stronger export demand, sustained biodiesel consumption and a seasonal decline in production, the Malaysian Palm Oil Council said on Thursday....

KUALA LUMPUR: Crude palm oil prices are expected to stay above 4,600 ringgit ($1,128) per metric ton in November on stronger export demand, sustained biodiesel consumption and a seasonal decline in production, the Malaysian Palm Oil Council said on Thursday. Output declines were expected to reduce current stock levels, with Malaysian palm oil inventories projected to trend lower from November 2026 through February 2...