Palm oil may gain premium over soyoil in 2027 on supply risks, says industry official

MUMBAI: Palm oil could trade at a premium to soyoil in 2027 as El Niño threatens production and rising biodiesel demand in top exporter Indonesia tightens supplies, a senior industry official told Reuters on Tuesday.

Palm oil supplies are expected to tighten in 2027 as El Niño-induced dry weather weighs on production, potentially lifting prices above rival soyoil, as happened in 2024, Eddy Martono, chairman of the Indonesian Palm Oil Association, said.

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孟买：一位资深业内人士周二告诉路透社，由于厄尔尼诺现象威胁棕榈油产量，以及主要出口国印度尼西亚生物柴油需求不断增长导致供应紧张，到 2027 年，棕榈油的交易价格可能会高于豆油。

印尼棕榈油协会主席埃迪·马托诺表示，由于厄尔尼诺现象引发的干旱天气影响棕榈油产量，预计2027年棕榈油供应将趋紧，价格可能会像2024年那样上涨，超过竞争对手豆油的价格。

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