El Niño Set to Crimp Palm Oil Output in 2027, Squeezing Supply
A strong El Niño is expected to reduce palm oil production in Indonesia and Malaysia by 2027. The resulting supply shortage is likely to increase global prices.
Indonesia and Malaysia are expected to produce less palm oil in 2027 as prolonged dry weather caused by a strong El Niño will depress yields next year, tightening global supplies and lifting prices.
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