Malaysian Palm Oil Stocks Likely to Stay Elevated in Coming Months -- Market Talk

0226 GMT - Malaysian palm oil stocks may remain elevated over the next few months as production enters its peak season, while uneven exports could cap price gains, TA Securities analyst Angeline Chin says in a note. However, a sharp correction is unlikely, with crude palm oil prices expected to stay above 4,000 ringgit a ton, she says. Stronger energy prices could support biodiesel demand, while Indonesia's proposed B60 biodiesal mandate in 2027 may absorb more palm oil and tighten exports, she reckons. El Nino also poses an upside risk to prices, although any significant impact on production could emerge only from 2Q 2027, she adds. TA Securities maintains an overweight rating on Malaysian plantation sector, rates SD Guthrie, Kuala Lumpur Kepong, IOI Corp. and United Malacca at buy. (yingxian.wong@wsj.com)

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September 10, 2026 22:26 ET (02:26 GMT)