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Market Impact: 0.48

El Niño Set to Crimp Palm Oil Output in 2027, Squeezing Supply

Source: Bloomberg

Commodities & Raw MaterialsNatural Disasters & WeatherEnergy Markets & PricesTrade Policy & Supply Chain

Indonesia and Malaysia are expected to produce less palm oil in 2027 after prolonged El Niño-driven dry weather depresses yields in 2026. The supply shortfall is expected to tighten the global palm-oil market and lift prices, benefiting producers but increasing input costs for food, biofuel and consumer-goods buyers.

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