Embargo-Palm oil prices to hit 3-year high at 5,500 ringgit/T in Jan-March, analyst Mistry says

Malaysian palm oil futures are projected to rise 27% to 5,500 ringgit per ton in January-March 2026, driven by increased biodiesel consumption in Indonesia, according to analyst Dorab Mistry. The benchmark contract recently fell to 4,341 ringgit. Mistry noted that the bullish outlook is due to Indonesia's seizure of palm oil plantations, which is expected to reduce productivity. The country plans to increase palm oil content in biodiesel from 40% to 50% next year, contributing to rising prices post-October's peak production period.