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Palm Oil Futures Surge on Export Gains, Indian Demand

6/27/2026

Summary

Story summary

Palm oil futures rose toward 4,600 ringgit (US$1,122) a ton on higher exports and expected Indian demand.
Malaysian exports rose 11% in 25 days of June, per Intertek Testing Services and Amspec Agri.
Aashish Acharya, Patanjali Foods Ltd. vice president, said India’s demand will rise through November’s Festival of Lights.
Fastmarkets analyst Sathia Varqa said the approaching Super El Niño adds a price premium, bringing drier weather to Southeast Asia.

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Story summary

Palm oil futures rose toward 4,600 ringgit (US$1,122) a ton on higher exports and expected Indian demand.
Malaysian exports rose 11% in 25 days of June, per Intertek Testing Services and Amspec Agri.
Aashish Acharya, Patanjali Foods Ltd. vice president, said India’s demand will rise through November’s Festival of Lights.
Fastmarkets analyst Sathia Varqa said the approaching Super El Niño adds a price premium, bringing drier weather to Southeast Asia.